Center for Racehorse Retraining

Analysis

Center for Racehorse Retraining is a registered charity in United States, based in Chugwater, WY. It received its IRS tax-exemption ruling in September 2016, 10 years ago. 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 December 2023, Center for Racehorse Retraining reported income of $147k and spending of $159k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $147k (+12%), an average of +12% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Racehorse Retraining sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WY. Charities of a similar size with the same main cause include Friends of the Brunswick Public Library ($147k), Wright - Ingraham Institute ($147k) and New York State Council for the Social Studies ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $5,148 against liabilities of $0, net assets of $5,148.