Mi Horse Driving School Inc

Analysis

Mi Horse Driving School Inc is a registered charity in United States, based in Saranac, MI. It received its IRS tax-exemption ruling in April 2021, 5 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 2023, Mi Horse Driving School Inc reported income of $62k and spending of $53k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $62k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mi Horse Driving School Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Lake Effect Trailbreakers ($62k), Eden Mill Nature Committee Inc ($62k) and Western North Carolina Youth Sports Association ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.