Brown Horse Projects

Analysis

Brown Horse Projects is a registered charity in United States, based in Canfield, OH. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, Brown Horse Projects reported income of $125k and spending of $130k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $261k to $125k (-52%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brown Horse Projects sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Livemsfree Inc ($125k), Be a Tiger Foundation Inc ($125k) and Hill Country Council for the Mentally Ill ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 24% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.