Horses of Hope Missouri Inc

Analysis

Horses of Hope Missouri Inc is a registered charity in United States, based in Rogersville, MO. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Horses of Hope Missouri Inc reported income of $269k and spending of $432k, spending 161% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $71k to $269k (+280%), an average of +31% a year. The sharpest change came in the year to December 2019, when income rose by 843%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horses of Hope Missouri Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include Goodwill Endowment Inc ($269k), 1854 Foundation ($269k) and Youth Outdoors Unlimited ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $195k. At year end it held assets of $1.3m against liabilities of $619k, net assets of $660k. It reported 15 employees.