Rising Starr Horse Rescue

Analysis

Rising Starr Horse Rescue is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in July 2016, 10 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 December 2023, Rising Starr Horse Rescue reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $1.6m (+1925%), an average of +112% a year. The sharpest change came in the year to December 2020, when income rose by 688%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Rising Starr Horse Rescue sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include Broome County Humane Society and Relief Association ($1.6m), Federation of Humane Organizations of West Virginia ($1.6m) and Tazewell Animal Protective Society ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $80k (5.5% of expenses). Other salaries and wages came to $204k. At year end it held assets of $2.5m against liabilities of $1.9m, net assets of $577k. It reported 15 employees.