Ranchers Ride Inc

Analysis

Ranchers Ride Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Ranchers Ride Inc reported income of $162k and spending of $123k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $118k to $162k (+38%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ranchers Ride Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Back Pack Blessings Inc ($162k), Practical Rep Payee Services Inc ($162k) and Achieve Inc ($162k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.3% and program service revenue 48% of the total. At year end it held assets of $157k against liabilities of $1,075, net assets of $156k.