KLS Equine Rescue

Analysis

KLS Equine Rescue is a registered charity in United States, based in Castalia, OH. It received its IRS tax-exemption ruling in October 2010, 16 years ago. 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, KLS Equine Rescue reported income of $462k and spending of $467k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $462k (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, KLS Equine Rescue sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Lillian James Learning Center Inc ($462k), Mid Peninsula Coalition Belle Haven Inc ($462k) and National Aphasia Association Inc ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.

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.