United States Equestrian Federation Inc

Analysis

United States Equestrian Federation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 2004, 22 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 November 2023, United States Equestrian Federation Inc reported income of $35.7m and spending of $35.7m, spending 100% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $32.7m to $35.7m (+9.4%), an average of +2.3% a year. The sharpest change came in the year to November 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United States Equestrian Federation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($35.5m), Charleston Educational Excellence Financing Corporation ($37.4m) and Eastern National ($34.7m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 18% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.4m (3.8% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $38.3m against liabilities of $17.0m, net assets of $21.3m. It reported 170 employees.