Mustang Ambassador Program

Analysis

Mustang Ambassador Program is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in March 2015, 11 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, Mustang Ambassador Program reported income of $117k and spending of $120k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $117k (+55%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 106% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Mustang Ambassador Program sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Clay County Animal Rescue & Education Center Inc ($117k), Little Mews Rescue ($117k) and Coos Producers ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.