Green Mountain Horse Association Inc

Analysis

Green Mountain Horse Association Inc is a registered charity in United States, based in S Woodstock, VT. It received its IRS tax-exemption ruling in January 1966, 60 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Green Mountain Horse Association Inc reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.4m to $1.7m (+25%), an average of +5.7% a year. The sharpest change came in the year to October 2021, when income rose by 70%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Green Mountain Horse Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within VT. Charities of a similar size with the same main cause include Dorset Park Skating Association Inc ($1.7m), The Huddle a Sport Leadership Institute Inc ($1.7m) and Polk County Youth Fair Inc ($1.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 47% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $109k (6.9% of expenses). Other salaries and wages came to $289k. At year end it held assets of $5.1m against liabilities of $52k, net assets of $5.0m. It reported 24 employees.