Horsepower Equine Assisted Learning Foundation Inc
Analysis
Horsepower Equine Assisted Learning Foundation Inc is a registered charity in United States, based in Clifton, VA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Horsepower Equine Assisted Learning Foundation Inc reported income of $125k and spending of $138k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $125k (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 191%. Over the whole period it spent 123% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horsepower Equine Assisted Learning Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Team-Based Learning Collaborative ($125k), Institute for Creative Studies ($125k) and Beyond Foundation ($125k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Team-Based Learning Collaborative | Huntington | $125k |
| Institute for Creative Studies | Hvre de Grace | $125k |
| Beyond Foundation | Tucson | $125k |
| Dearborn County Citizens Against Substance Abuse | Lawrenceburg | $125k |