Illinois American Saddlebred Pleasure Horse Association

Analysis

Illinois American Saddlebred Pleasure Horse Association is a registered charity in United States, based in Inverness, IL. It received its IRS tax-exemption ruling in January 1980, 46 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, Illinois American Saddlebred Pleasure Horse Association reported income of $278k and spending of $284k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $278k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Illinois American Saddlebred Pleasure Horse Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Troup Co Recreation Endowment Fund ($278k), Wilton Youth Football Inc ($278k) and Multi-Cultural Festival of WV Inc ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.