Northwestern Stable Inc

Analysis

Northwestern Stable Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwestern Stable Inc reported income of $663k and spending of $574k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $540k to $663k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northwestern Stable Inc 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 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Cal Tri Events ($663k), Lowcountry Hockey Association Inc ($663k) and Olmsted Network Inc ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $94k (16% of expenses). Other salaries and wages came to $100k. At year end it held assets of $482k against liabilities of $71k, net assets of $411k. It reported 13 employees.