Old Dominion Equestrian Endurance Organization Inc
Analysis
Old Dominion Equestrian Endurance Organization Inc is a registered charity in United States, based in Paeonian SPGS, VA. It received its IRS tax-exemption ruling in January 2000, 26 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, Old Dominion Equestrian Endurance Organization Inc reported income of $66k and spending of $76k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $66k (-12%), an average of -12% a year. Over the whole period it spent 110% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Old Dominion Equestrian Endurance Organization Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Bartlesville Sports Commission ($66k), Northbridge Youth Soccer Association Inc ($66k) and Portage Porpoise Swim Club Inc ($66k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 66% of the total. At year end it held assets of $33k against liabilities of $8,000, net assets of $25k.
Income and spending
Where the income comes from
- Contributions & grants 1.9%
- Program services 66%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bartlesville Sports Commission | Bartlesville | $66k |
| Northbridge Youth Soccer Association Inc | Northbridge | $66k |
| Portage Porpoise Swim Club Inc | Portage | $66k |
| Hardy Country Snowmobile Club Inc | Hebron | $66k |