Proud Spirit Horse Rescue Inc

Analysis

Proud Spirit Horse Rescue Inc is a registered charity in United States, based in Wilkesboro, NC. It received its IRS tax-exemption ruling in March 2002, 24 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, Proud Spirit Horse Rescue Inc reported income of $80k and spending of $120k, spending 151% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $80k (-6.4%), an average of -6.4% a year. Over the whole period it spent 105% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Proud Spirit Horse Rescue Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Blount County Animal Welfare Society ($80k), Homeward Bound WV Inc ($80k) and Stretch for Strays Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.