Godspeed Equine

Analysis

Godspeed Equine is a registered charity in United States, based in Dallas Center, IA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. 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, Godspeed Equine reported income of $443k and spending of $197k, leaving 56% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $285k to $443k (+55%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Godspeed Equine sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Hancock County Communitydevelopment Foundation ($443k), South Carolina Oncology Society ($443k) and The Mabel Mercer Foundation Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $964k against liabilities of $416k, net assets of $548k.