Harness Horse Youth Foundation

Analysis

Harness Horse Youth Foundation is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 October 2023, Harness Horse Youth Foundation reported income of $198k and spending of $205k, spending 103% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $336k to $198k (-41%), an average of -12% a year. The sharpest change came in the year to October 2021, when income rose by 99%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Harness Horse Youth Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Stma Girls Basketball Club ($198k), Girls on the Run of Stark County ($198k) and Cordova Lancers Leaders & Legends ($198k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 82% and program service revenue 9.9% of the total. Other salaries and wages came to $68k. At year end it held assets of $602k against liabilities of $3,348, net assets of $599k. It reported 2 employees.