Abilene Boys Ranch Inc

Analysis

Abilene Boys Ranch Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in October 1950, 76 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 December 2023, Abilene Boys Ranch Inc reported income of $1.5m and spending of $2.1m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.5m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 129% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abilene Boys Ranch Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Yjp Foundation Inc ($1.5m), Sixth Man Center Inc ($1.5m) and Homes of Hope for Children Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $732k. At year end it held assets of $13.9m against liabilities of $115k, net assets of $13.8m. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.