Draft Horse Project

Analysis

Draft Horse Project is a registered charity in United States, based in Windsor, OH. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 January 2024, Draft Horse Project reported income of $53k and spending of $71k, spending 133% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income fell from $84k to $53k (-37%), an average of -37% a year. The sharpest change came in the year to January 2024, when income dropped by 37%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Draft Horse Project sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include New Jersey Statewide Independent Living Council Inc ($53k), Kids Market Inc ($53k) and Association for the Development of Human Potential Inc ($53k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $121, net assets of $51k.