Happened by Chance Horses Inc

Analysis

Happened by Chance Horses Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in February 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, Happened by Chance Horses Inc reported income of $127k and spending of $157k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $127k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 110% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Happened by Chance Horses Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Lets Be Smart Inc ($127k), Forgotten Friend Inc ($127k) and Monadnock Kitty Rescue and Adoption ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $8,048 against liabilities of $37k, net assets of -$29k.