Heart & Soul Equine Foundation Inc

Analysis

Heart & Soul Equine Foundation Inc is a registered charity in United States, based in Harvard, IL. It received its IRS tax-exemption ruling in July 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 (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, Heart & Soul Equine Foundation Inc reported income of $191k and spending of $236k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $191k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 115% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Heart & Soul Equine Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Harleys Angels Sanctuary ($191k), Dominos Cat Rescue League Inc ($191k) and Paws Helping People Inc ($191k).

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 $339 against liabilities of $112k, net assets of -$112k.