Equus Effect

Analysis

Equus Effect is a registered charity in United States, based in Sharon, CT. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Equus Effect reported income of $324k and spending of $323k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $324k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Equus Effect sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Kentucky Psychological Association Foundation Inc ($324k), Phillips County Coalition for Healthy Choices ($324k) and Family Alliance of Paulding Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $20k (6.2% of expenses). At year end it held assets of $942k against liabilities of $345k, net assets of $597k.