Texas Quarter Horse Association Foundation

Analysis

Texas Quarter Horse Association Foundation is a registered charity in United States, based in Elgin, TX. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Texas Quarter Horse Association Foundation reported income of $133k and spending of $19k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $133k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 16% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Quarter Horse Association Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include CR Hope Foundation ($133k), Lourdes Central High School Endowment Fund ($133k) and Ortega Elementary School Parent Teacher Organization ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.