Gerry Spence Method at Thunderhead Ranch Inc

Analysis

Gerry Spence Method at Thunderhead Ranch Inc is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gerry Spence Method at Thunderhead Ranch Inc reported income of $1.1m and spending of $666k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $513k to $1.1m (+109%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gerry Spence Method at Thunderhead Ranch Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Heritage Behavioral Health Systems Inc ($1.1m), Friends of Prodeo Inc ($1.1m) and Calvary Meridian Prep Academy Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $495k. At year end it held assets of $533k against liabilities of $0, net assets of $533k. It reported 1 employees.