Project Horses for Forces Inc

Analysis

Project Horses for Forces Inc is a registered charity in United States, based in Pittstown, NJ. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project Horses for Forces Inc reported income of $76k and spending of $42k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $76k (-4.7%), an average of -4.7% a year. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Horses for Forces Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Cambodian International Buddhist Temple Inc ($76k), Seattle Classic Guitar Society ($76k) and PTA California Congress of Parents Teachers & Students Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $536, net assets of $116k.