Horses with Hope

Analysis

Horses with Hope is a registered charity in United States, based in Bethel Park, PA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Horses with Hope reported income of $388k and spending of $303k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $388k (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horses with Hope sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Remmsco Inc ($388k), Orthopedic Solutions to Surgical Access Inc ($388k) and Yankton Rural Area Health Education Center ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $54k (18% of expenses). Other salaries and wages came to $42k. At year end it held assets of $455k against liabilities of $0, net assets of $455k. It reported 2 employees.