Hooves to Heal NFP

Analysis

Hooves to Heal NFP is a registered charity in United States, based in Marengo, IL. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover mental health and crisis intervention, 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 2022, Hooves to Heal NFP reported income of $87k and spending of $86k, spending 98% of its income. Across the 6 years on record, from December 2017 to December 2022, income fell from $133k to $87k (-34%), an average of -8.1% a year. The sharpest change came in the year to December 2019, when income dropped by 22%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hooves to Heal NFP sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Health and Hope Medical Outreach ($87k), Bay Cove Moseley Group Home Inc ($87k) and Kidney Health Alliance of Kentucky Inc ($87k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 14% and program service revenue 78% of the total. At year end it held assets of $5,508 against liabilities of $14k, net assets of -$8,111.