American Saddlebred Association of the Carolinas Inc

Analysis

American Saddlebred Association of the Carolinas Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, American Saddlebred Association of the Carolinas Inc reported income of $164k and spending of $166k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $164k (+1.5%), an average of +1.5% a year. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, American Saddlebred Association of the Carolinas Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 55th percentile within SC. Charities of a similar size with the same main cause include Penn Valley Community Rodeo Association ($164k), Suwannee Valley Humane Society ($164k) and Nowzad ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.