Millbrook Horse Trials Inc

Analysis

Millbrook Horse Trials Inc is a registered charity in United States, based in Millbrook, NY. It received its IRS tax-exemption ruling in February 2013, 13 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, Millbrook Horse Trials Inc reported income of $522k and spending of $453k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $407k to $522k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 2169%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Millbrook Horse Trials Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Pace Athletic and Recreation Association Inc ($522k), Michigan Arrows Soccer Club ($522k) and Williamsburg Starz Gold ($522k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $21k (4.6% of expenses). At year end it held assets of $103k against liabilities of $25k, net assets of $78k. It reported 2 employees.