Working Ranch Cowboys Foundation

Analysis

Working Ranch Cowboys Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Working Ranch Cowboys Foundation reported income of $650k and spending of $394k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $650k (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Working Ranch Cowboys Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Village Initiative Project Inc ($649k), Bloomington Normal Electrical Joint Apprenticeship & Training Fund ($650k) and Butler Warren County Electrical Joint Apprenticeship and TRNG Trus ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 37% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.