Saddlebred Rescue Inc

Analysis

Saddlebred Rescue Inc is a registered charity in United States, based in Hardwick, NJ. It received its IRS tax-exemption ruling in September 2006, 20 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, Saddlebred Rescue Inc reported income of $749k and spending of $692k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $749k (+113%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 103% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Saddlebred Rescue Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Rogers Wildlife Rehabilitation Inc ($748k), Wyoming Wild Sheep Foundation ($749k) and Spay Neuter Illinois Pet Society NFP ($748k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $27k (3.9% of expenses). At year end it held assets of $155k against liabilities of $157k, net assets of -$2,693.