Rancho Cielo Inc

Analysis

Rancho Cielo Inc is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Rancho Cielo Inc reported income of $6.4m and spending of $5.7m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.7m to $6.4m (+76%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rancho Cielo Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Lower East Side Girls Club ($6.4m), Boys & Girls Club of the Tri-County Area Inc ($6.4m) and Friends of the Children-Portland ($6.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $324k (5.7% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $20.5m against liabilities of $756k, net assets of $19.8m. It reported 82 employees.