Equine Dreams

Analysis

Equine Dreams is a registered charity in United States, based in Newark, IL. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover human services, 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, Equine Dreams reported income of $519k and spending of $407k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $519k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equine Dreams sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Anishinaabe Agriculture Institute ($519k), Childrens Place Inc ($519k) and Binghampton Community Christian Life Center ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 1 employees.