Horses Help Foundation

Analysis

Horses Help Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1988, 38 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 July 2023, Horses Help Foundation reported income of $601k and spending of $520k, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $450k to $601k (+33%), an average of +7.5% a year. The sharpest change came in the year to July 2021, when income rose by 117%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Horses Help Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 70th percentile within AZ. Charities of a similar size with the same main cause include National Hispanic Corporate Council ($601k), Colorado Northwestern Community College Foundation ($601k) and Barstow Humane Society ($601k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $45k (8.7% of expenses). Other salaries and wages came to $184k. It paid $32k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $146k, net assets of $944k. It reported 17 employees.