Michigan Interscholastic Horsemanship Association

Analysis

Michigan Interscholastic Horsemanship Association is a registered charity in United States, based in Sparta, MI. It received its IRS tax-exemption ruling in February 2016, 10 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, Michigan Interscholastic Horsemanship Association reported income of $277k and spending of $275k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $277k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Michigan Interscholastic Horsemanship 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 MI. Charities of a similar size with the same main cause include Veritas Education Foundation ($277k), Denmark Youth Baseball League ($277k) and Benzie Manistee Snowbirds Snowmobile Club Inc ($277k).

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 $248k against liabilities of $0, net assets of $248k.