Connected Horse

Analysis

Connected Horse is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 November 2023, Connected Horse reported income of $195k and spending of $261k, spending 134% of what it took in. Across the 2 years on record, from November 2022 to November 2023, income fell from $465k to $195k (-58%), an average of -58% a year. The sharpest change came in the year to November 2023, when income dropped by 58%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Connected Horse sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Miles Hall Foundation Inc ($195k), Upmc ($195k) and Mountain Wellness Associates ($195k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $361k against liabilities of $103, net assets of $361k.