Great Southwest Equestrian Foundation

Analysis

Great Southwest Equestrian Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Great Southwest Equestrian Foundation reported income of $252k and spending of $257k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $252k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income dropped by 107%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Great Southwest Equestrian Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Weokie Credit Union Foundation ($252k), Community Wraparound ($252k) and Womens 5k Classic ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 180% of the total. At year end it held assets of $64k against liabilities of $1,870, net assets of $62k.

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.