Hidden Acres Rescue for Thoroughbreds Inc

Analysis

Hidden Acres Rescue for Thoroughbreds Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Hidden Acres Rescue for Thoroughbreds Inc reported income of $234k and spending of $214k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $234k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 105% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hidden Acres Rescue for Thoroughbreds Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Catsbury Park Inc ($234k), Road Trip Home Animal Rescue Inc ($234k) and Friends of Long Beach Animal Shelter ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 55% of the total. Other salaries and wages came to $39k. At year end it held assets of $53k against liabilities of $8,851, net assets of $44k. It reported 1 employees.