South Florida Quarter Horse Association Inc

Analysis

South Florida Quarter Horse Association Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2021, South Florida Quarter Horse Association Inc reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 4 years on record, from December 2018 to December 2021, income grew from $1.0m to $1.3m (+30%), an average of +9.1% a year. Over the whole period it spent 80% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, South Florida Quarter Horse Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Animal Lifeline of Iowa Inc ($1.3m), Spay N Save Inc ($1.3m) and Golden Retriever Rescue of the Rockies ($1.3m).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $385k (34% of expenses). Other salaries and wages came to $55k. At year end it held assets of $227k against liabilities of $39k, net assets of $188k.