Horses N Heroes of Marion County Inc

Analysis

Horses N Heroes of Marion County Inc is a registered charity in United States, based in Citra, FL. It received its IRS tax-exemption ruling in June 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Horses N Heroes of Marion County Inc reported income of $215k and spending of $208k, spending 97% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $213k to $215k (+1.1%), an average of +0.5% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Horses N Heroes of Marion County Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Scott County Youth Baseball Boosters ($215k), The Right Step Inc ($215k) and Fore Children Inc ($215k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,550 (2.2% of expenses). At year end it held assets of $56k against liabilities of $0, net assets of $56k.