Carolina Horse Park Foundation

Analysis

Carolina Horse Park Foundation is a registered charity in United States, based in Raeford, NC. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2023, Carolina Horse Park Foundation reported income of $3.2m and spending of $3.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.2m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Carolina Horse Park Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Georgia Interfaith Power & Light Inc ($3.2m), Tahoe Fund ($3.2m) and Ever Green Team ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. Other salaries and wages came to $532k. At year end it held assets of $4.4m against liabilities of $869k, net assets of $3.6m. It reported 10 employees.