Warhorse Legacy Foundation

Analysis

Warhorse Legacy Foundation is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Warhorse Legacy Foundation reported income of $236k and spending of $616k, spending 261% of what it took in. Across the 4 years on record, from December 2018 to December 2022, income fell from $1.1m to $236k (-79%), an average of -40% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Warhorse Legacy Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within AR. Charities of a similar size with the same main cause include Wiedemann-Steiner Syndrome Foundation ($236k), Montana Council on Problem Gambling ($236k) and Lifeshare Blood Centers Foundation ($236k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 8.0% of the total. Compensation of current officers, directors and key employees was $85k (14% of expenses). Other salaries and wages came to $197k. At year end it held assets of $4.2m against liabilities of $13k, net assets of $4.2m. It reported 12 employees.