Sound Equine Options

Analysis

Sound Equine Options is a registered charity in United States, based in Gresham, OR. It received its IRS tax-exemption ruling in March 2010, 16 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, Sound Equine Options reported income of $638k and spending of $694k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $502k to $638k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 85% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Sound Equine Options sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OR. Charities of a similar size with the same main cause include Crawford County Humane Society ($638k), Evanston Animal Shelter Association ($639k) and SPCA of Northeastern North Carolina Inc ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $106k (15% of expenses). Other salaries and wages came to $112k. At year end it held assets of $611k against liabilities of $21k, net assets of $590k. It reported 5 employees.