Manakin Equine Retirement Association

Analysis

Manakin Equine Retirement Association is a registered charity in United States, based in Manakin Sabot, VA. It received its IRS tax-exemption ruling in November 2021, 5 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, Manakin Equine Retirement Association reported income of $179k and spending of $178k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $179k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 110% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Manakin Equine Retirement Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Miss Kittys Cat House ($179k), Pet Angels Rescue Inc ($179k) and Joshua Fund Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $29k against liabilities of $62k, net assets of -$33k.