American Saddlebred Horse and Breeders Association Inc

Analysis

American Saddlebred Horse and Breeders Association Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Saddlebred Horse and Breeders Association Inc reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.4m (+119%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, American Saddlebred Horse and Breeders Association Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Harbor Humane Society ($2.4m), Heart of the Valley Humane Society Inc ($2.4m) and Animal Welfare Society of Monroe ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $136k (5.6% of expenses). Other salaries and wages came to $502k. At year end it held assets of $2.7m against liabilities of $537k, net assets of $2.2m. It reported 16 employees.