Southeastern Reining Horse Association

Analysis

Southeastern Reining Horse Association is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Southeastern Reining Horse Association reported income of $421k and spending of $400k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $421k (+120%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southeastern Reining Horse Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Rebel Golf Foundation ($421k), Y E M B a ($421k) and Pfxa Inc ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.