Hope for Horses Inc

Analysis

Hope for Horses Inc is a registered charity in United States, based in Galt, CA. It received its IRS tax-exemption ruling in August 2013, 13 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, Hope for Horses Inc reported income of $186k and spending of $210k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $186k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hope for Horses Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Eastshore Humane Assoc Inc ($186k), Crazy K Poultry and Livestock ($186k) and Caseys Safe Haven Holistic Rescue & Sanctuary ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $26k. At year end it held assets of $59k against liabilities of $0, net assets of $59k. It reported 2 employees.