Narrow Gate Horse Ranch Incorporated

Analysis

Narrow Gate Horse Ranch Incorporated is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Narrow Gate Horse Ranch Incorporated reported income of $420k and spending of $138k, leaving 67% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $294k to $420k (+43%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Narrow Gate Horse Ranch Incorporated sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Connecticut Sikh Association Inc ($420k), Impact Ministries of Myrtle Beach ($420k) and Simxa Company Inc ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $35k. At year end it held assets of $1.0m against liabilities of $60k, net assets of $989k.