Chastain Horse Park Ltd

Analysis

Chastain Horse Park Ltd is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chastain Horse Park Ltd reported income of $4.5m and spending of $2.9m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.5m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 50% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chastain Horse Park Ltd sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Bay Area Scores ($4.5m), National Junior College Athletic Association ($4.6m) and The United States Figure Skating Foundation ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $125k (4.3% of expenses). Other salaries and wages came to $1.0m. It paid $14k in professional fundraising fees. At year end it held assets of $14.5m against liabilities of $692k, net assets of $13.8m. It reported 29 employees.