Seven Star Horse & Family Center

Analysis

Seven Star Horse & Family Center is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seven Star Horse & Family Center reported income of $251k and spending of $235k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $251k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seven Star Horse & Family Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Alianza Raices Vivas ($251k), Mukwonago Food Pantry ($251k) and Lost Sparrows Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Other salaries and wages came to $67k. At year end it held assets of $196k against liabilities of $459, net assets of $196k. It reported 3 employees.