North Dakota Cutting Horse Association

Analysis

North Dakota Cutting Horse Association is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, North Dakota Cutting Horse Association reported income of $84k and spending of $80k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $84k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Dakota Cutting Horse Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 23rd percentile within ND. Charities of a similar size with the same main cause include The Foundation for Andover Schools ($84k), Tambark Creek Elementary Ptsa ($84k) and Dr Sandor & Berthe Benedek Memorial Library ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.