Horse of Connecticut Inc

Analysis

Horse of Connecticut Inc is a registered charity in United States, based in New Preston, CT. It received its IRS tax-exemption ruling in September 1985, 41 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, Horse of Connecticut Inc reported income of $317k and spending of $280k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $317k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Horse of Connecticut Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Brown Paws Rescue ($317k), Yavapai Humane Trappers Animal Search and Rescue ($318k) and The Rim Rock Humane Society Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $472k against liabilities of $0, net assets of $472k.