Washington Reining Horse Association

Analysis

Washington Reining Horse Association is a registered charity in United States, based in Lake Stevens, WA. It received its IRS tax-exemption ruling in September 2018, 8 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 December 2023, Washington Reining Horse Association reported income of $203k and spending of $199k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $312k to $203k (-35%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington Reining Horse Association sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include West Seneca Girls Softball Association Inc ($203k), High Voltage Volleyball ($203k) and Quakertown Youth Baseball Association Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.