Rancho Research Institute

Analysis

Rancho Research Institute is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in May 1959, 67 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Rancho Research Institute reported income of $11.1m and spending of $10.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $11.1m (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rancho Research Institute sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Brooklyn Heights Montessori School ($11.1m), Coastal Health Systems of Brevard Inc ($11.1m) and South Central Primary Care Center Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $217k (2.1% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $10.8m against liabilities of $1.6m, net assets of $9.2m. It reported 116 employees.