Hope for Heroes Horsemanship Center

Analysis

Hope for Heroes Horsemanship Center is a registered charity in United States, based in Yelm, WA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Hope for Heroes Horsemanship Center reported income of $170k and spending of $192k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $170k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hope for Heroes Horsemanship Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Brandon Area Soccer Association ($170k), Pop Warner Little Scholars Inc ($170k) and Irondale Basketball Association Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $180k against liabilities of $164k, net assets of $17k.