Caribbean Thoroughbred Aftercare Inc

Analysis

Caribbean Thoroughbred Aftercare Inc is a registered charity in United States, based in Rio Grande, PR. It received its IRS tax-exemption ruling in May 2017, 9 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, Caribbean Thoroughbred Aftercare Inc reported income of $421k and spending of $411k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $421k (+144%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Caribbean Thoroughbred Aftercare Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 52nd percentile within PR. Charities of a similar size with the same main cause include Dubois County Humane Society Inc ($421k), Animal Welfare League of Montgomery County Inc ($421k) and Alamo Animal Encounters ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $107k. At year end it held assets of $179k against liabilities of $2,020, net assets of $177k. It reported 10 employees.