Texas Boys Ranch Foundation

Analysis

Texas Boys Ranch Foundation is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in May 1990, 36 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Texas Boys Ranch Foundation reported income of $411k and spending of $323k, leaving 22% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income fell from $419k to $411k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to January 2022, when income rose by 83%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Boys Ranch Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Institute for Media Analysis Inc ($411k), Logan County Historical Society ($412k) and Gaston Literacy Council Inc ($411k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $68k. At year end it held assets of $3.6m against liabilities of $144k, net assets of $3.5m. It reported 1 employees.