Bakas Horses for Handicapped Inc

Analysis

Bakas Horses for Handicapped Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in July 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 December 2023, Bakas Horses for Handicapped Inc reported income of $87k and spending of $40k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $87k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bakas Horses for Handicapped Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Heights National Alumni Association ($87k), Hartford Athletic Boosters Corporation ($87k) and Indian River County Historical Society Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $121k against liabilities of $1,037, net assets of $120k.