Joyful Horse Project

Analysis

Joyful Horse Project is a registered charity in United States, based in Bastrop, TX. It received its IRS tax-exemption ruling in September 2012, 14 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, Joyful Horse Project reported income of $249k and spending of $278k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $331k to $249k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Joyful Horse Project sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Foundation of the Sacramento Horsemens Association ($249k), Adopt-A-Pet Inc ($249k) and H&sfs Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $10k (3.7% of expenses). Other salaries and wages came to $160k. At year end it held assets of $333k against liabilities of $133k, net assets of $200k. It reported 15 employees.