Stormwalker Ranch Equine Incorporated
Analysis
Stormwalker Ranch Equine Incorporated is a registered charity in United States, based in Dewey, OK. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Stormwalker Ranch Equine Incorporated reported income of $614k and spending of $545k, spending 89% of its income. Across the 2 years on record, from December 2020 to December 2023, income fell from $851k to $614k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 80% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stormwalker Ranch Equine Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OK. Charities of a similar size with the same main cause include South Lockport Voluinteer Fire Co Inc ($614k), Youth 4 Youth ($614k) and Community Initiatives Inc ($614k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.3% of the total. Other salaries and wages came to $199k. At year end it held assets of $29k against liabilities of $1,036, net assets of $28k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 7.3%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Lockport Voluinteer Fire Co Inc | Lockport | $614k |
| Youth 4 Youth | Glendale | $614k |
| Community Initiatives Inc | Greenwood | $614k |
| Columbus Relief Inc | Columbus | $614k |