Amilcar Martins Equestrian Center Inc

Analysis

Amilcar Martins Equestrian Center Inc is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Amilcar Martins Equestrian Center Inc reported income of $98k and spending of $94k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $98k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Amilcar Martins Equestrian Center Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Mill City Park at Franklin Falls ($98k), Audubon Little League ($98k) and Lknphoenix Club Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.1% of the total. At year end it held assets of $29k against liabilities of $24k, net assets of $5,318.