Yale Polo and Equestrian Center Inc

Analysis

Yale Polo and Equestrian Center Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Yale Polo and Equestrian Center Inc reported income of $432k and spending of $562k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $434k to $432k (-0.6%), an average of -0.1% a year. Over the whole period it spent 122% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Yale Polo and Equestrian Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Loon Ski Club Inc ($432k), Warwick Figure Skaters Inc ($432k) and Pop Warner Little Scholars Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $4,800 (0.9% of expenses). Other salaries and wages came to $93k. At year end it held assets of $1.3m against liabilities of $168k, net assets of $1.1m. It reported 3 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.