Interscholastic Equestrian League

Analysis

Interscholastic Equestrian League is a registered charity in United States, based in Studio City, CA. It received its IRS tax-exemption ruling in October 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Interscholastic Equestrian League reported income of $452k and spending of $364k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $243k to $452k (+86%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 2204340%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Interscholastic Equestrian League sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Bend Sports Academy ($452k), Fort Washington Swim & Tennis Club ($452k) and Peoria Area Water Wizards Inc ($452k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $299k against liabilities of $0, net assets of $299k.