Maryland Horse Foundation Inc

Analysis

Maryland Horse Foundation Inc is a registered charity in United States, based in Reisterstown, MD. It received its IRS tax-exemption ruling in November 1990, 36 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, Maryland Horse Foundation Inc reported income of $217k and spending of $229k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $217k (-86%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 22% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Maryland Horse Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Stealing Hearts ($217k), Pennsylvania State Animal Response Team ($217k) and House Rabbit Resource Network ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $1.8m against liabilities of $54k, net assets of $1.8m. It reported 2 employees.