Candlelight Ranch Foundation

Analysis

Candlelight Ranch Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Candlelight Ranch Foundation reported income of $1.0m and spending of $722k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $648k to $1.0m (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Candlelight Ranch Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include California Regional Training Center ($1.0m), North Texas Region-Usa Volleyball ($1.0m) and Gunston Athletic Institute Ltd ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $99k (14% of expenses). Other salaries and wages came to $321k. At year end it held assets of $1.9m against liabilities of $60k, net assets of $1.9m. It reported 8 employees.