Hope on Horseback

Analysis

Hope on Horseback is a registered charity in United States, based in Waterford, PA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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 December 2023, Hope on Horseback reported income of $184k and spending of $171k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $184k (+7.6%), an average of +7.6% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope on Horseback sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Guardianship Corp ($184k), Fulton County Friends of the Library Inc ($184k) and Chaplin Fellowship Ministries Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $23k (13% of expenses). At year end it held assets of $57k against liabilities of $1,594, net assets of $56k. It reported 8 employees.