Carousel Ranch Inc

Analysis

Carousel Ranch Inc is a registered charity in United States, based in Agua Dulce, CA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Carousel Ranch Inc reported income of $1.2m and spending of $1.4m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $921k to $1.2m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Carousel Ranch Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Baton Rouge Child Advocacy Center ($1.2m), Forge Leadership Network ($1.2m) and Seven Point Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $206k (14% of expenses). Other salaries and wages came to $549k. It paid $9,175 in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $73k, net assets of $2.5m. It reported 41 employees.