Gentle Giants Draft Horse Rescue Society Ltd

Analysis

Gentle Giants Draft Horse Rescue Society Ltd is a registered charity in United States, based in Mount Airy, MD. It received its IRS tax-exemption ruling in April 2007, 19 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, Gentle Giants Draft Horse Rescue Society Ltd reported income of $7.4m and spending of $7.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $7.4m (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Gentle Giants Draft Horse Rescue Society 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 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Friends of the Sea Lion Inc ($7.4m), Monmouth County Society for the Prevention of Cruelty to Animals ($7.4m) and Faithful Friends Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $170k (2.4% of expenses). Other salaries and wages came to $1.9m. It paid $179k in professional fundraising fees. At year end it held assets of $11.9m against liabilities of $4.6m, net assets of $7.3m. It reported 47 employees.