Horses of Hope Inc

Analysis

Horses of Hope Inc is a registered charity in United States, based in Lock Haven, PA. It received its IRS tax-exemption ruling in March 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Horses of Hope Inc reported income of $96k and spending of $90k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $96k (-8.9%), an average of -8.9% a year. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horses of Hope Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Greek Childrens Fund at Memorial Sloan Kettering Cancer Center ($96k), Ejb Inc ($96k) and Florida Ocean Clean-Up Society Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 3.7% of the total. Other salaries and wages came to $5,838. At year end it held assets of $667k against liabilities of $83k, net assets of $584k. It reported 4 employees.