Horse Farm Workers Educational Assistance Fund Inc

Analysis

Horse Farm Workers Educational Assistance Fund Inc is a registered charity in United States, based in Versailles, KY. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Horse Farm Workers Educational Assistance Fund Inc reported income of $89k and spending of $64k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $89k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horse Farm Workers Educational Assistance Fund Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within KY. Charities of a similar size with the same main cause include Friends of the Upper Arlington Library ($89k), Redmond Foundation ($89k) and Swocc Qalicb ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $631k against liabilities of $0, net assets of $631k.