Preston Ranch Ministries

Analysis

Preston Ranch Ministries is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1998, 28 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, Preston Ranch Ministries reported income of $375k and spending of $208k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $375k (-70%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Preston Ranch Ministries sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Women in Unity ($375k), Winn Council of the Aged Inc ($376k) and Dreamers and Believers Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. Compensation of current officers, directors and key employees was $24k (12% of expenses). Other salaries and wages came to $4,034. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m. It reported 3 employees.