Misty Meadows Equine Learning Center
Analysis
Misty Meadows Equine Learning Center is a registered charity in United States, based in Vineyard HVN, MA. It received its IRS tax-exemption ruling in August 2016, 10 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, Misty Meadows Equine Learning Center reported income of $907k and spending of $840k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $578k to $907k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Misty Meadows Equine Learning Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Libforall Foundation ($907k), Associated General Contractors of Texas Scholarship Foundation ($907k) and Other Minds ($907k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $100k (12% of expenses). Other salaries and wages came to $315k. At year end it held assets of $267k against liabilities of $28k, net assets of $239k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 19%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Libforall Foundation | Winston Salem | $907k |
| Associated General Contractors of Texas Scholarship Foundation | Austin | $907k |
| Other Minds | San Francisco | $907k |
| Childrens Environmental Literacy Foundation | Valhalla | $907k |