Horses Spirits Healing Inc

Analysis

Horses Spirits Healing Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Horses Spirits Healing Inc reported income of $331k and spending of $302k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $333k to $331k (-0.5%), an average of -0.2% a year. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horses Spirits Healing Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MT. Charities of a similar size with the same main cause include Red Devils Inc ($331k), Teams Housing Development Fund Company Inc ($331k) and McLaren Lapeer Region Foundation ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $64k. At year end it held assets of $391k against liabilities of $13k, net assets of $377k. It reported 6 employees.