Equine Healing Collaborative Inc

Analysis

Equine Healing Collaborative Inc is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, 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, Equine Healing Collaborative Inc reported income of $942k and spending of $967k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $307k to $942k (+207%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Equine Healing Collaborative Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include University Emergency Medical Response ($942k), Hereditary Neurological Disease Centre Inc ($942k) and Clover Educational Consulting Group Inc ($941k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $319k. At year end it held assets of $84k against liabilities of $72k, net assets of $12k. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.