Wildhorses in Need Inc

Analysis

Wildhorses in Need Inc is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. 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, Wildhorses in Need Inc reported income of $566k and spending of $548k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $623k to $566k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wildhorses in Need Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Pacific Cancer Foundation ($566k), Mt Hermon Good Samaritan Foundation ($566k) and Down Home ($566k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $65k against liabilities of $9,368, net assets of $55k.