Kelly & Co Equine Sanctuary

Analysis

Kelly & Co Equine Sanctuary is a registered charity in United States, based in Brownsville, TN. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, Kelly & Co Equine Sanctuary reported income of $109k and spending of $69k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $50k to $109k (+119%), an average of +119% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kelly & Co Equine Sanctuary sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Lake Wales Soccer Club Inc ($109k), All in Baseball Corp ($109k) and Carl Junction Athletic Booster Club ($109k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.