Bridle Up Hope Davis County

Analysis

Bridle Up Hope Davis County is a registered charity in United States, based in Kaysville, UT. It received its IRS tax-exemption ruling in March 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridle Up Hope Davis County reported income of $354k and spending of $75k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $354k (+309%), an average of +309% a year. The sharpest change came in the year to December 2023, when income rose by 309%. Over the whole period it spent 28% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bridle Up Hope Davis County sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within UT. Charities of a similar size with the same main cause include Commit 2 Excellence Corporation ($354k), Baldwin County Cattle & Fair Association Inc ($354k) and Cranford Boys Baseball Leagues Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $383k against liabilities of $0, net assets of $383k.