Alabama Quarter Horse Association Inc

Analysis

Alabama Quarter Horse Association Inc is a registered charity in United States, based in Pell City, AL. It received its IRS tax-exemption ruling in November 2017, 9 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, Alabama Quarter Horse Association Inc reported income of $167k and spending of $161k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $167k (+3.7%), an average of +3.7% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alabama Quarter Horse Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within AL. Charities of a similar size with the same main cause include United States Diving Foundation Inc ($167k), Louisville Athletic Booster Club ($167k) and Rush-Henrietta Soccer Club Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 90% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.