Upperville Colt & Horse Show Inc

Analysis

Upperville Colt & Horse Show Inc is a registered charity in United States, based in Upperville, VA. It received its IRS tax-exemption ruling in March 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, Upperville Colt & Horse Show Inc reported income of $4.4m and spending of $3.3m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.4m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 823%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Upperville Colt & Horse Show Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Davis Youth Soccer League ($4.4m), Camp Good Days & Special Times Inc ($4.4m) and Merchants Association of Columbia County Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $76k (2.3% of expenses). Other salaries and wages came to $30k. At year end it held assets of $6.8m against liabilities of $1.7m, net assets of $5.1m. It reported 2 employees.