Horse Empowered Learning Programs Inc

Analysis

Horse Empowered Learning Programs Inc is a registered charity in United States, based in Pflugerville, TX. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 Empowered Learning Programs Inc reported income of $125k and spending of $170k, spending 136% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $8,558 to $125k (+1366%), an average of +71% a year. The sharpest change came in the year to December 2019, when income rose by 860%. Over the whole period it spent 162% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Horse Empowered Learning Programs Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($125k), Thiensville-Mequon Rotary Foundation Inc ($125k) and Commonwealth Lyric Theater Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 19% of the total. At year end it held assets of $111k against liabilities of $3,356, net assets of $108k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.