Britt Draft Horse Association Inc

Analysis

Britt Draft Horse Association Inc is a registered charity in United States, based in Britt, IA. It received its IRS tax-exemption ruling in January 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Britt Draft Horse Association Inc reported income of $54k and spending of $67k, spending 125% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $63k to $54k (-15%), an average of -15% a year. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Britt Draft Horse Association Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IA. Charities of a similar size with the same main cause include Edison High School Girls Soccer Booster Club ($54k), Batavia Athletic Association ($54k) and Missouri Winter Games Inc ($54k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. At year end it held assets of $4,622 against liabilities of $2, net assets of $4,620.