Ebony Horsewomen Inc

Analysis

Ebony Horsewomen Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in April 1993, 33 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 December 2023, Ebony Horsewomen Inc reported income of $435k and spending of $430k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $273k to $435k (+59%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ebony Horsewomen Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Nation Ford High School Athleticbooster Club ($435k), Hillsborough Jr Raiders Sports ($435k) and Women of Oz Nwa ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $79k (18% of expenses). At year end it held assets of $417k against liabilities of $0, net assets of $417k. It reported 3 employees.