Horse Park of New Jersey at Stone Tavern Inc

Analysis

Horse Park of New Jersey at Stone Tavern Inc is a registered charity in United States, based in Allentown, NJ. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Park of New Jersey at Stone Tavern Inc reported income of $459k and spending of $427k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $459k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Horse Park of New Jersey at Stone Tavern Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Stanwood-Camano Community Fair ($459k), Off the Ropes ($459k) and Acsc Incorporated ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 55% of the total. Other salaries and wages came to $162k. At year end it held assets of $577k against liabilities of $103k, net assets of $474k. It reported 18 employees.