Cal Farleys Boys Ranch

Analysis

Cal Farleys Boys Ranch is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Cal Farleys Boys Ranch reported income of $53.7m and spending of $56.3m, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $46.8m to $53.7m (+15%), an average of +3.5% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cal Farleys Boys Ranch sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Greenpath Inc ($53.7m), Catholic Charities of the Archdiocese of Miami Inc ($53.7m) and Key Program Incorporated ($53.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.1m (1.9% of expenses). Other salaries and wages came to $12.3m. It paid $6.7m in professional fundraising fees. At year end it held assets of $151.4m against liabilities of $10.2m, net assets of $141.1m. It reported 356 employees.