Colorado Horse Rescue

Analysis

Colorado Horse Rescue is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in May 1989, 37 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 June 2023, Colorado Horse Rescue reported income of $598k and spending of $791k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $895k to $598k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2020, when income rose by 138%. Over the whole period it spent 84% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Colorado Horse Rescue sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include McKinley County Humane Society of New Mexico ($598k), Saving Great Animals ($600k) and The Haven ($598k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $58k (7.3% of expenses). Other salaries and wages came to $315k. At year end it held assets of $5.3m against liabilities of $51k, net assets of $5.2m. It reported 21 employees.