Equestrian Connection NFP

Analysis

Equestrian Connection NFP is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Equestrian Connection NFP reported income of $1.4m and spending of $1.8m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.4m (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 38%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equestrian Connection NFP sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Cradle and Crayon Inc ($1.4m), Naeva ($1.4m) and Village at St Edward Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $123k (7.0% of expenses). Other salaries and wages came to $857k. At year end it held assets of $6.0m against liabilities of $143k, net assets of $5.9m. It reported 35 employees.