Thoroughbred Placement Resources Inc

Analysis

Thoroughbred Placement Resources Inc is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in March 2009, 17 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, Thoroughbred Placement Resources Inc reported income of $195k and spending of $202k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $195k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Thoroughbred Placement Resources Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Grateful Dog Animal Rescue Inc ($194k), Bowman Second Chance Thoroughbred Adoption ($195k) and R U 4 Me Pet Rescue Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 21% of the total. At year end it held assets of $146k against liabilities of -$533, net assets of $147k.