American Paint Horse Heritage Foundation Inc

Analysis

American Paint Horse Heritage Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, American Paint Horse Heritage Foundation Inc reported income of $255k and spending of $331k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $846k to $255k (-70%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Paint Horse Heritage Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Liberty Arts Inc ($255k), Lawson Boating Heritage Center on Chautauqua Lake ($255k) and Kennett Symphony of Chester County ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.5m against liabilities of $831k, net assets of $3.7m.