Santa Ynez Valley Equestrian Association

Analysis

Santa Ynez Valley Equestrian Association is a registered charity in United States, based in Santa Ynez, CA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Santa Ynez Valley Equestrian Association reported income of $51k and spending of $83k, spending 165% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $134k to $51k (-62%), an average of -22% a year. The sharpest change came in the year to September 2022, when income dropped by 50%. Over the whole period it spent 117% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Santa Ynez Valley Equestrian Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include New Berlin Eisenhower Football Booster Club ($51k), Lakeland Wrestling Club ($51k) and Veteran Outdoors Inc ($51k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $991k against liabilities of $0, net assets of $991k.

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.