Equestrians Institute

Analysis

Equestrians Institute is a registered charity in United States, based in Kenmore, WA. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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, Equestrians Institute reported income of $573k and spending of $553k, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $398k to $573k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Equestrians Institute sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Missouri Propane Safety Commission ($573k), Newlife Homes Inc ($573k) and Irish Youth Hockey League Inc ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 94% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.