Circle a Home for Horses Inc

Analysis

Circle a Home for Horses Inc is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in September 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 (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, Circle a Home for Horses Inc reported income of $272k and spending of $262k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $452k to $272k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Circle a Home for Horses Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Basenji Rescue and Transport Inc ($272k), Avalo Cat Sanctuary ($272k) and Troy Animal Rescue Project ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $38k against liabilities of $30k, net assets of $8,525.