Halter Heal & Learn Through Equine Relationships

Analysis

Halter Heal & Learn Through Equine Relationships is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in November 1988, 38 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 June 2024, Halter Heal & Learn Through Equine Relationships reported income of $426k and spending of $425k, spending 100% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $286k to $426k (+49%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 125%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Halter Heal & Learn Through Equine Relationships sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Cross Roads Pregnancy Care Center Inc ($426k), Cac Childcare Center Inc ($426k) and Patagonia Montessori Elementary School Inc ($426k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $81k (19% of expenses). Other salaries and wages came to $69k. At year end it held assets of $560k against liabilities of $52k, net assets of $509k. It reported 9 employees.