Home Talent Colt Stakes Association

Analysis

Home Talent Colt Stakes Association is a registered charity in United States, based in Berlin Center, OH. It received its IRS tax-exemption ruling in May 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, Home Talent Colt Stakes Association reported income of $287k and spending of $285k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $287k (+10%), an average of +2.5% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Home Talent Colt Stakes Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Utah Lions Rugby Academy ($287k), Washington Golf and Country Club Shield Foundation ($287k) and Waunakee Youth Hockey Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $6,000 (2.1% of expenses). At year end it held assets of $29k against liabilities of $0, net assets of $29k.