California Reining Horse Association

Analysis

California Reining Horse Association is a registered charity in United States, based in Cave Creek, AZ. It received its IRS tax-exemption ruling in June 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, California Reining Horse Association reported income of $310k and spending of $319k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $310k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, California Reining Horse Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Irvine Girls Softball Association ($309k), Bennetts Village Inc ($310k) and Dedham Youth Hockey Inc ($309k).

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 $142k against liabilities of $0, net assets of $142k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.