West Texas Boys Ranch

Analysis

West Texas Boys Ranch is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in February 1962, 64 years ago. 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 May 2023, West Texas Boys Ranch reported income of $3.4m and spending of $2.2m, leaving 37% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.9m to $3.4m (+80%), an average of +16% a year. The sharpest change came in the year to May 2020, when income rose by 82%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Texas Boys Ranch sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include St Peters Health Foundation ($3.4m), Servant Partners Inc ($3.4m) and Girls Incorporated of Orange County ($3.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 99% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $125k (5.8% of expenses). Other salaries and wages came to $830k. At year end it held assets of $26.0m against liabilities of $398k, net assets of $25.6m. It reported 36 employees.