California Harness Horsemens Benevolent Foundation

Analysis

California Harness Horsemens Benevolent Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, California Harness Horsemens Benevolent Foundation reported income of $183k and spending of $163k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $202k to $183k (-9.2%), an average of -4.7% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, California Harness Horsemens Benevolent Foundation sits at the 39th percentile: it is larger than about 39% 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 Sky Ranch Behavioral Services ($183k), Allyson Whitney Foundation Inc ($183k) and Christian Counseling Center of Cumberland County ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. At year end it held assets of $353k against liabilities of $0, net assets of $353k.