Silver Bullet Saddle Club

Analysis

Silver Bullet Saddle Club is a registered charity in United States, based in Clearwater, MN. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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, Silver Bullet Saddle Club reported income of $316k and spending of $214k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $210k to $316k (+50%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Silver Bullet Saddle Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Jesus Is Ministries Inc ($316k), Healthy Peninsula ($316k) and Election Integrity Foundation Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 96% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.