Scott County Regional Horse Assoc

Analysis

Scott County Regional Horse Assoc is a registered charity in United States, based in Nickelsville, VA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Scott County Regional Horse Assoc reported income of $50k and spending of $46k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $50k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scott County Regional Horse Assoc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Resident Acting Company ($50k), Iranian Cultural Society of America-Shabahang-Inc ($50k) and Backdoor Theatre ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $32k against liabilities of $3,208, net assets of $29k.