Horse Shelter

Analysis

Horse Shelter is a registered charity in United States, based in Cerrillos, NM. It received its IRS tax-exemption ruling in July 2000, 26 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, Horse Shelter reported income of $19.7m and spending of $916k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $970k to $19.7m (+1933%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 1093%. Over the whole period it spent 14% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Horse Shelter sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NM. Charities of a similar size with the same main cause include Fish & Wildlife Foundation of Florida Inc ($19.4m), Peninsula Humane Society & SPCA ($19.8m) and Gulf of Maine Research Institute ($19.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $93k (10% of expenses). Other salaries and wages came to $202k. At year end it held assets of $22.3m against liabilities of $213k, net assets of $22.1m. It reported 25 employees.