Lake Fork Stables

Analysis

Lake Fork Stables is a registered charity in United States, based in Yantis, TX. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Lake Fork Stables reported income of $55k and spending of $50k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $55k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lake Fork Stables sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Concerned Citizens of Logan County Inc ($55k), Camp Fire ($55k) and Sauk Valley Ministries ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 48% of the total. At year end it held assets of $4,677 against liabilities of $0, net assets of $4,677.