Retirement Home for Horses Inc

Analysis

Retirement Home for Horses Inc is a registered charity in United States, based in Alachua, FL. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Retirement Home for Horses Inc reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $555k to $1.2m (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 362%. Over the whole period it spent 26% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Retirement Home for Horses Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Georgia Wildlife Federation ($1.2m), Brightside Animal Center ($1.2m) and Society for the Prevention of Cruelty to Animals Martinsville ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $53k (4.7% of expenses). Other salaries and wages came to $289k. At year end it held assets of $12.8m against liabilities of $189k, net assets of $12.6m. It reported 12 employees.