Goldstar Horse and Rescue Sanctuary

Analysis

Goldstar Horse and Rescue Sanctuary is a registered charity in United States, based in Farmersville, TX. It received its IRS tax-exemption ruling in June 2019, 7 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, Goldstar Horse and Rescue Sanctuary reported income of $87k and spending of $90k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $87k (-12%), an average of -12% a year. Over the whole period it spent 105% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Goldstar Horse and Rescue Sanctuary sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Wolf Mountain Nature Center Inc ($87k), Those Left Behind Foundation ($87k) and Tibetan Mastiff Rescue Inc ($87k).

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 $88k against liabilities of $0, net assets of $88k.