Loudoun Benefit Horse Show Foundation

Analysis

Loudoun Benefit Horse Show Foundation is a registered charity in United States, based in Upperville, VA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Loudoun Benefit Horse Show Foundation reported income of $104k and spending of $101k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $81k to $104k (+28%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 134% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Loudoun Benefit Horse Show Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include I5 Elite Sports Club ($104k), El Dorado Hills Youth Lacrosse Club ($104k) and Cy-Springs Athletic Booster Club ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $6,303 against liabilities of $83k, net assets of -$77k.