Stephanies Miracles in Loving Equine Inc

Analysis

Stephanies Miracles in Loving Equine Inc is a registered charity in United States, based in Madison, NE. It received its IRS tax-exemption ruling in September 1994, 32 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, Stephanies Miracles in Loving Equine Inc reported income of $153k and spending of $150k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $247k to $153k (-38%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stephanies Miracles in Loving Equine Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within NE. Charities of a similar size with the same main cause include Washburn County Junior Fair Association Inc ($153k), Ke Allstar Booster Club ($153k) and Lemoore Youth Soccer League ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Other salaries and wages came to $33k. At year end it held assets of $336k against liabilities of $0, net assets of $336k. It reported 7 employees.