Faithful Hearts Equine Learning

Analysis

Faithful Hearts Equine Learning is a registered charity in United States, based in Woodland Park, CO. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Faithful Hearts Equine Learning reported income of $121k and spending of $111k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $121k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faithful Hearts Equine Learning sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Aves Theatre Boosters ($121k), Alaska Safe Riders ($121k) and Miss New Hampshire Scholarship Program Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $41k. At year end it held assets of $56k against liabilities of $3,009, net assets of $53k. It reported 4 employees.