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Take2 Second Career Thoroughbred Program Inc

RegisteredEIN 46-2312886Floral Park, NYAnimals
Income$694k2023-05
Spending$535ksame year
Spent / received73%4-year average
Size in its cause85th pctAnimals
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Take2 Second Career Thoroughbred Program Inc is a registered charity in United States, based in Floral Park, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Take2 Second Career Thoroughbred Program Inc reported income of $694k and spending of $535k, leaving 23% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $510k to $694k (+36%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 19%. Over the whole period it spent 73% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Take2 Second Career Thoroughbred Program Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Second Chance Animal Sanctuary Inc ($694k), Wildlife Habitat Federation ($694k) and Bat World Sanctuary ($694k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. At year end it held assets of $878k against liabilities of $4,688, net assets of $873k.

Income and spending

$0$173k$347k$520k$694k2020 Income: $510,1782020 Spending: $397,86020202021 Income: $575,1602021 Spending: $443,59020212022 Income: $686,3322022 Spending: $423,61720222023 Income: $693,8262023 Spending: $535,2302023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 0.1%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Second Chance Animal Sanctuary IncNorman$694k
Wildlife Habitat FederationSealy$694k
Bat World SanctuaryWeatherford$694k
Society for the Prevention of Cruelty to Animals of the TriadGreensboro$694k