Elite Equine Rescue
Analysis
Elite Equine Rescue is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 2018, 8 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 2023, Elite Equine Rescue reported income of $222k and spending of $219k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $222k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 99% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Elite Equine Rescue sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Wags 2 Wishes Animal Rescue Inc ($222k), Blank Park Endowment Corporation ($222k) and Heart of the Foothills Animal Rescue ($222k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 53% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 53%
- Other 8.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wags 2 Wishes Animal Rescue Inc | Plainfield | $222k |
| Blank Park Endowment Corporation | Des Moines | $222k |
| Heart of the Foothills Animal Rescue | Rutherfordton | $222k |
| Terolyn Horse Rescue Inc | Elizabeth | $222k |