Public Charity

Bit of Hope Ranch Inc

Bit of Hope Ranch Inc, of Gastonia, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $428K in revenue, $582K in expenses, $249K in total assets. 17 publicly reported grants to this organization, totaling roughly $713K, appear in IRS filings.

EIN: 263268114 Gastonia, NC Latest filing: 2024
Total Revenue$428K
Total Expenses$582K
Total Assets$249K
Grant Records17
Funding Total$713K
Filing Years2020–2024

Mission

Equine Assisted Therapies. Bit of Hope Ranch exists to reach, rescue, and restore hurting children, families and horses by offering mental health services.

Officers & Directors

Secretary Jacki Summey
Director Jane Weaver
President Matt Vanderbilt
Executive Dir. Meg Vanderbilt
Director Rachael Powell
Director Sharron Davis

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$561,000 9 grants
GENERAL SUPPORT
$87,117 6 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$55,000 1 grant
SUPPORT THE LOCAL HEALTH AND WELLNESS PROGRAM
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $428K $582K $249K
2023 $436K $425K $399K
2022 $405K $421K $382K
2021 $475K $403K $396K
2020 $350K $295K $323K

Between 2020 and 2024, reported annual revenue grew from $350K to $428K (+22%), with total assets most recently reported at $249K.

Interactive year-over-year charts and full filing details available with membership.

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