Myakka Elephant Ranch Inc

Analysis

Myakka Elephant Ranch Inc is a registered charity in United States, based in Myakka City, FL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Myakka Elephant Ranch Inc reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $294k to $1.3m (+340%), an average of +64% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 71% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Myakka Elephant Ranch Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Foundation for Wildlife Management Inc ($1.3m), Conserve Wildlife Foundation of New Jersey Inc ($1.3m) and Louies Legacy Animal Rescue ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $202k (18% of expenses). At year end it held assets of $1.1m against liabilities of $58k, net assets of $1.1m. It reported 4 employees.