Stick Horses and Capes

Analysis

Stick Horses and Capes is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Stick Horses and Capes reported income of $441k and spending of $381k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $441k (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stick Horses and Capes sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include New York State Independent Living Council Inc ($441k), In One Accord Ministries Inc ($441k) and Leading the Education About Pigs Foundation Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $37k (9.6% of expenses). At year end it held assets of $848k against liabilities of $1,438, net assets of $847k. It reported 1 employees.