Dharmahorse

Analysis

Dharmahorse is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in May 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 May 2023, Dharmahorse reported income of $127k and spending of $96k, leaving 24% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $93k to $127k (+36%), an average of +36% a year. The sharpest change came in the year to May 2023, when income rose by 36%. Over the whole period it spent 80% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Dharmahorse 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 39th percentile within NM. Charities of a similar size with the same main cause include Joeys Paw Inc ($127k), New Hope Equine ($127k) and Forgotten Friend Inc ($127k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.