Intercollegiate Horse Shows Association Inc

Analysis

Intercollegiate Horse Shows Association Inc is a registered charity in United States, based in Gladys, VA. It received its IRS tax-exemption ruling in April 2015, 11 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 July 2023, Intercollegiate Horse Shows Association Inc reported income of $1.5m and spending of $1.4m, spending 93% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.5m to $1.5m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to July 2022, when income rose by 379%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Intercollegiate Horse Shows Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Pennsylvania Recreation and Park Society ($1.5m), Four States Fair Association Incorporated ($1.5m) and Webster Groves Hockey Association Inc ($1.5m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $654k against liabilities of $1,852, net assets of $652k.