California Standardbred Sires Stakes Committee

Analysis

California Standardbred Sires Stakes Committee is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 1987, 39 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, California Standardbred Sires Stakes Committee reported income of $425k and spending of $493k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $257k to $425k (+66%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, California Standardbred Sires Stakes Committee sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Texas DPS Troopers Foundation Inc ($425k), North Texas Charities ($425k) and Enlightened Solutions ($425k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $299k against liabilities of $42k, net assets of $257k.