Communication Alliance to Network Thoroughbred Ex-Racehorses

Analysis

Communication Alliance to Network Thoroughbred Ex-Racehorses is a registered charity in United States, based in Dixon, CA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Communication Alliance to Network Thoroughbred Ex-Racehorses reported income of $164k and spending of $115k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $164k (+257%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 171%. Over the whole period it spent 86% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Communication Alliance to Network Thoroughbred Ex-Racehorses sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Golden Retriever Rescue Club of Charlotte Inc ($164k), Rescue Every Dog ($164k) and Community Cat Connection Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 10.0% of the total. At year end it held assets of $145k against liabilities of $401, net assets of $145k.