Thoroughbred Aftercare Alliance Foundation Inc

Analysis

Thoroughbred Aftercare Alliance Foundation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in January 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 August 2023, Thoroughbred Aftercare Alliance Foundation Inc reported income of $5.8m and spending of $4.6m, spending 80% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $4.8m to $5.8m (+22%), an average of +5.1% a year. The sharpest change came in the year to August 2022, when income rose by 70%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Thoroughbred Aftercare Alliance Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include The Wilderness Project Foundation ($5.8m), Humane Fort Wayne Inc ($5.8m) and Dane County Humane Society ($5.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $379k. At year end it held assets of $7.5m against liabilities of $186k, net assets of $7.3m. It reported 10 employees.