Endowment Fund for Preservation of Ranch Heritage of America

Analysis

Endowment Fund for Preservation of Ranch Heritage of America is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in July 1980, 46 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Endowment Fund for Preservation of Ranch Heritage of America reported income of $384k and spending of $364k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $234k to $384k (+64%), an average of +13% a year. The sharpest change came in the year to August 2020, when income rose by 380%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Endowment Fund for Preservation of Ranch Heritage of America sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include West Virginia Symphony Orchestra Foundation Inc ($384k), International College of Prosthodontists ($384k) and Carpinteria Arts Center ($384k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $9.7m against liabilities of $0, net assets of $9.7m.