New Beginning Sporthorses Foundation

Analysis

New Beginning Sporthorses Foundation is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in March 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 (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, New Beginning Sporthorses Foundation reported income of $114k and spending of $120k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $114k (+8.9%), an average of +8.9% 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, New Beginning Sporthorses Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Alley Cats and Angels ($114k), Foothills Golden Retriver Rescue Inc ($114k) and Hoof and Paw Benevolent Society of South Carolina ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.