Heavens Gait Ranch Inc

Analysis

Heavens Gait Ranch Inc is a registered charity in United States, based in Cedar Grove, WI. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Heavens Gait Ranch Inc reported income of $424k and spending of $355k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $477k to $424k (-11%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income rose by 205%. Over the whole period it spent 40% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heavens Gait Ranch Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Orange Baseball Association Inc ($424k), Bay United Soccer Club Inc ($424k) and Santa Cruz Water Polo Club ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $47k (13% of expenses). Other salaries and wages came to $105k. At year end it held assets of $1.6m against liabilities of $49k, net assets of $1.6m. It reported 9 employees.