Harness Horsemens Health and Retirement Inc

Analysis

Harness Horsemens Health and Retirement Inc is a registered charity in United States, based in Grove City, OH. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Harness Horsemens Health and Retirement Inc reported income of $1.4m and spending of $559k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $955k to $1.4m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harness Horsemens Health and Retirement Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Catalyst for Payment Reform Inc ($1.4m), Booneville Community Hospital Inc ($1.4m) and Sero Project Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.