Corolla Wild Horse Fund Inc

Analysis

Corolla Wild Horse Fund Inc is a registered charity in United States, based in Corolla, NC. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Corolla Wild Horse Fund Inc reported income of $1.2m and spending of $1.2m, spending 93% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $739k to $1.2m (+68%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 83% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Corolla Wild Horse Fund Inc 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 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Brightside Animal Center ($1.2m), Saint Frances Animal Center ($1.2m) and Retirement Home for Horses Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $104k (9.0% of expenses). Other salaries and wages came to $277k. At year end it held assets of $2.2m against liabilities of $705k, net assets of $1.5m. It reported 20 employees.