Equine Advocates Incorporated

Analysis

Equine Advocates Incorporated is a registered charity in United States, based in Valatie, NY. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Equine Advocates Incorporated reported income of $3.9m and spending of $2.1m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.9m (+162%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Equine Advocates Incorporated sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Tree House Humane Society ($3.9m), Hemopet ($3.9m) and Utica Zoological Society ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $130k (6.3% of expenses). Other salaries and wages came to $558k. At year end it held assets of $6.9m against liabilities of $348k, net assets of $6.6m. It reported 16 employees.