High Horses Center for Equine - Assisted Services Inc

Analysis

High Horses Center for Equine - Assisted Services Inc is a registered charity in United States, based in Sharon, VT. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, High Horses Center for Equine - Assisted Services Inc reported income of $787k and spending of $960k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $513k to $787k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, High Horses Center for Equine - Assisted Services Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within VT. Charities of a similar size with the same main cause include Model a Ford Foundation Inc ($787k), Down Syndrome Organization of Southern Nevada ($787k) and Boy Scouts of America ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $61k (6.3% of expenses). Other salaries and wages came to $481k. At year end it held assets of $1.3m against liabilities of $1,383, net assets of $1.3m. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.