Texas Horsemens Assistance Fund Inc

Analysis

Texas Horsemens Assistance Fund Inc is a registered charity in United States, based in Elgin, TX. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Horsemens Assistance Fund Inc reported income of $122k and spending of $108k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $205k to $122k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Horsemens Assistance Fund Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Village Bicycle Project Inc ($121k), Play to Your Strengths ($122k) and Journeyman International ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $400k against liabilities of $0, net assets of $400k.