Woodbine Saddle Club Inc

Analysis

Woodbine Saddle Club Inc is a registered charity in United States, based in Woodbine, IA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Woodbine Saddle Club Inc reported income of $72k and spending of $58k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $72k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodbine Saddle Club Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include Norwin Council of Ptas Inc ($72k), Little League Baseball Inc ($72k) and Friends of the Neill Public Library ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 69% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.