Healing Hoof Steps Corporation

Analysis

Healing Hoof Steps Corporation is a registered charity in United States, based in Crestview, FL. It received its IRS tax-exemption ruling in October 2014, 12 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, Healing Hoof Steps Corporation reported income of $298k and spending of $163k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $329k to $298k (-9.4%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healing Hoof Steps Corporation 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 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Changing Gaits Inc ($298k), Bayside Historical Society ($298k) and Worcester District Medical Society ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $100k (61% of expenses). At year end it held assets of $274k against liabilities of $18k, net assets of $256k. It reported 6 employees.