Blessing Ranch Inc

Analysis

Blessing Ranch Inc is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blessing Ranch Inc reported income of $610k and spending of $566k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $610k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Blessing Ranch Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include In Better Hands Inc ($610k), Mission Sports Inc ($611k) and Church Transformation Network Inc ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $128k (23% of expenses). Other salaries and wages came to $234k. At year end it held assets of $1.4m against liabilities of $73k, net assets of $1.3m. It reported 4 employees.