American Quarter Horse Foundation

Analysis

American Quarter Horse Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, American Quarter Horse Foundation reported income of $6.8m and spending of $2.3m, leaving 66% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.8m to $6.8m (+43%), an average of +9.3% a year. The sharpest change came in the year to September 2021, when income rose by 250%. Over the whole period it spent 52% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, American Quarter Horse Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Stray Rescue of St Louis ($6.8m), Fresno Humane Animal Services ($6.8m) and Archives of Falconry Inc ($6.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $198k (8.6% of expenses). Other salaries and wages came to $398k. At year end it held assets of $56.8m against liabilities of $241k, net assets of $56.5m. It reported 14 employees.