Delaware Horsemens Assistance Fund Inc

Analysis

Delaware Horsemens Assistance Fund Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in September 1967, 59 years ago. 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, Delaware Horsemens Assistance Fund Inc reported income of $242k and spending of $242k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $242k (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware Horsemens Assistance Fund Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 53rd percentile within DE. Charities of a similar size with the same main cause include Islamic Center of Rhode Island Inc ($242k), Ed Bousman Evangelistic Association ($242k) and Joseph & Elizabeth Shaw Public Library ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $622k against liabilities of $0, net assets of $622k.