Plantation Field Equestrian Events Inc

Analysis

Plantation Field Equestrian Events Inc is a registered charity in United States, based in Unionville, PA. It received its IRS tax-exemption ruling in August 1988, 38 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, Plantation Field Equestrian Events Inc reported income of $602k and spending of $662k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $663k to $602k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plantation Field Equestrian Events Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Saint Charles County Fair Inc ($602k), Mental Health Association of St Louis ($602k) and Minnesota Institute for Talented Youth ($602k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 65% of the total. At year end it held assets of $144k against liabilities of $37k, net assets of $107k.

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.