Pearl of Grace Ranch Inc

Analysis

Pearl of Grace Ranch Inc is a registered charity in United States, based in Tryon, OK. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pearl of Grace Ranch Inc reported income of $570k and spending of $512k, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $572k to $570k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pearl of Grace Ranch Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include Harrisville Childrens Center ($570k), Ability Tree Inc ($570k) and Friends International Inc ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $49k (9.6% of expenses). Other salaries and wages came to $205k. At year end it held assets of $1.6m against liabilities of $233k, net assets of $1.4m. It reported 14 employees.