Good Hope Equestrian & Regenerative

Analysis

Good Hope Equestrian & Regenerative is a registered charity in United States, based in Halifax, VA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Good Hope Equestrian & Regenerative reported income of $259k and spending of $286k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $599k to $259k (-57%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Hope Equestrian & Regenerative sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Kennon & Ruby Tuck Foundation ($259k), Love Chatham ($259k) and Lubbock Victim Assistance Services Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 41% of the total. Other salaries and wages came to $93k. At year end it held assets of $1.4m against liabilities of $216k, net assets of $1.2m. It reported 1 employees.