Peaceful Acres Horses Inc

Analysis

Peaceful Acres Horses Inc is a registered charity in United States, based in Pattersonvle, NY. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Peaceful Acres Horses Inc reported income of $201k and spending of $275k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $201k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 160% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peaceful Acres Horses Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Blossom Birth Services ($201k), International Cancer Expert Corps Inc ($201k) and Down Syndrome Association of Northeast Indiana Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $88k. At year end it held assets of $255k against liabilities of $792k, net assets of -$537k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.