Illinois Thoroughbred Horsemens Association Thoroughbred Rescue Fu

Analysis

Illinois Thoroughbred Horsemens Association Thoroughbred Rescue Fu is a registered charity in United States, based in North Riverside, IL. It received its IRS tax-exemption ruling in December 2011, 15 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, Illinois Thoroughbred Horsemens Association Thoroughbred Rescue Fu reported income of $216k and spending of $178k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $263k to $216k (-18%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 78% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Illinois Thoroughbred Horsemens Association Thoroughbred Rescue Fu sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Doberman Underground ($216k), Dahlonega-Lumpkin County Humane Society Inc ($216k) and Feline Rescue of Staten Island Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $360k against liabilities of $272, net assets of $360k.