Horseshoe Bay Farms Inc

Analysis

Horseshoe Bay Farms Inc is a registered charity in United States, based in Egg Harbor, WI. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Horseshoe Bay Farms Inc reported income of $234k and spending of $126k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $15k to $234k (+1484%), an average of +100% a year. The sharpest change came in the year to December 2020, when income rose by 315%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Horseshoe Bay Farms Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Schuyler Community Development Inc ($234k), Corpus Christi Supportive Housing Inc ($234k) and Chestnut Manor Association ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 4.1% of the total. Other salaries and wages came to $16k. At year end it held assets of $613k against liabilities of $603, net assets of $612k. It reported 2 employees.