California Professional Horsemens Association Foundation

Analysis

California Professional Horsemens Association Foundation is a registered charity in United States, based in Toluca Lake, CA. It received its IRS tax-exemption ruling in April 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 (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, California Professional Horsemens Association Foundation reported income of $101k and spending of $84k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $101k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, California Professional Horsemens Association Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Rockwood Summit Baseball ($101k), Cinnaminson Baseball a NJ Non Profit Corporation ($101k) and Jackson Boys Lacrosse Booster Club ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $21k (24% of expenses). At year end it held assets of $191k against liabilities of $0, net assets of $191k.