Mending Strides Ranch Inc

Analysis

Mending Strides Ranch Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Mending Strides Ranch Inc reported income of $72k and spending of $49k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $72k (+43%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mending Strides Ranch Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Club Yana Inc ($72k), Community Health Foundation of Kay County Inc ($72k) and Blackstone Retreat Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 23% of the total. At year end it held assets of $157k against liabilities of $582, net assets of $156k.