Michigan Horse Council

Analysis

Michigan Horse Council is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Michigan Horse Council reported income of $351k and spending of $358k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $351k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 304%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Horse Council sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include St Francis Apts Inc ($351k), Cornhusker United Way Inc ($351k) and Atp Tour Charities Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.