Kentucky Horse Council Inc

Analysis

Kentucky Horse Council Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 2004, 22 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, Kentucky Horse Council Inc reported income of $381k and spending of $407k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $381k (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Kentucky Horse Council Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Paw-Fect Match Rescue & Rehabilitation ($381k), Joyful Rescues Inc ($382k) and Linda Blair-Worldheart Foundation ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $63k (16% of expenses). At year end it held assets of $497k against liabilities of $19k, net assets of $478k. It reported 1 employees.