Save a Forgotten Equine

Analysis

Save a Forgotten Equine is a registered charity in United States, based in Snohomish, WA. It received its IRS tax-exemption ruling in June 2007, 19 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, Save a Forgotten Equine reported income of $1.1m and spending of $876k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $613k to $1.1m (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 85% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Save a Forgotten Equine sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include People for Pets--Magic Valley Humane Society Incorporated ($1.1m), Public Vet ($1.1m) and Underdog Rescue Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $75k (8.5% of expenses). Other salaries and wages came to $268k. At year end it held assets of $1.1m against liabilities of $53k, net assets of $1.0m. It reported 9 employees.