Essex Horse Trials Inc

Analysis

Essex Horse Trials Inc is a registered charity in United States, based in Gladstone, NJ. It received its IRS tax-exemption ruling in August 1991, 35 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 September 2023, Essex Horse Trials Inc reported income of $238k and spending of $254k, spending 107% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income fell from $521k to $238k (-54%), an average of -23% a year. The sharpest change came in the year to September 2021, when income dropped by 44%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Essex Horse Trials Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Lake Forest Lacrosse Association ($238k), Daviess County Lions Club Fair Inc ($238k) and Stars Travel Baseball Inc ($238k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $117k against liabilities of $832, net assets of $116k.