Babcock Ranch Foundation Inc

Analysis

Babcock Ranch Foundation Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Babcock Ranch Foundation Inc reported income of $304k and spending of $209k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $304k (+121%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 458%. Over the whole period it spent 51% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Babcock Ranch Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Building Forence Together CDC ($304k), Moses Lake Spring Festival ($304k) and Preservation Pottstown Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.5m against liabilities of $74k, net assets of $1.4m.