New England Morgan Horse Association Inc

Analysis

New England Morgan Horse Association Inc is a registered charity in United States, based in Ayer, MA. It received its IRS tax-exemption ruling in January 2008, 18 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, New England Morgan Horse Association Inc reported income of $894k and spending of $885k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $754k to $894k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 729%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New England Morgan Horse Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include The Cypress Initiative Inc ($894k), Ottawa Hills Schools Foundation ($894k) and Collegian Inc ($894k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $216k against liabilities of $4,300, net assets of $211k.