The North Carolina Dressage and Combined Training Association

Analysis

The North Carolina Dressage and Combined Training Association is a registered charity in United States, based in New Hill, NC. It received its IRS tax-exemption ruling in July 1985, 41 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, The North Carolina Dressage and Combined Training Association reported income of $229k and spending of $211k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $412k to $229k (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The North Carolina Dressage and Combined Training Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Weatherford Booster Club Inc ($229k), Chino Valley Family Church ($229k) and Whitmer Athletic Club ($229k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 102% of the total. At year end it held assets of $171k against liabilities of $400, net assets of $171k.