Impact Equine Incorporated

Analysis

Impact Equine Incorporated is a registered charity in United States, based in Leonard, MI. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Impact Equine Incorporated reported income of $89k and spending of $86k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $89k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Impact Equine Incorporated sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Holistic Athletics ($89k), Valentine Court III Inc ($89k) and International ICT Bridge for Caring Communities Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $6,575 against liabilities of $0, net assets of $6,575.