Horses Make Miracles Foundation Inc

Analysis

Horses Make Miracles Foundation Inc is a registered charity in United States, based in Erie, CO. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Make Miracles Foundation Inc reported income of $68k and spending of $61k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $68k (-2.3%), an average of -2.3% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horses Make Miracles Foundation Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Adair County Health Foundation ($68k), Mana Olana Pink Paddlers ($68k) and International Federation of Musculoskeletal Research Societies ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $31k against liabilities of $9,992, net assets of $21k.