Ranch Academy and Life Skills Center Inc

Analysis

Ranch Academy and Life Skills Center Inc is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ranch Academy and Life Skills Center Inc reported income of $1.3m and spending of $1.0m, leaving 20% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $982k to $1.3m (+32%), an average of +7.1% a year. The sharpest change came in the year to August 2023, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ranch Academy and Life Skills Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Glen Canyon Outdoor Academy ($1.3m), Main Line School Night Association ($1.3m) and Challenge Day ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $138k (13% of expenses). Other salaries and wages came to $572k. At year end it held assets of $823k against liabilities of $15k, net assets of $808k. It reported 20 employees.