Heart of Horse Sense Inc

Analysis

Heart of Horse Sense Inc is a registered charity in United States, based in Marshall, NC. It received its IRS tax-exemption ruling in August 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, Heart of Horse Sense Inc reported income of $515k and spending of $527k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $515k (+340%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Heart of Horse Sense Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Barren River Animal Welfare Association ($515k), Pigs Peace Sanctuary ($516k) and Mile High Canine Rescue Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (12% of expenses). Other salaries and wages came to $60k. It paid $4,000 in professional fundraising fees. At year end it held assets of $162k against liabilities of $69k, net assets of $93k. It reported 3 employees.