Horses for Mental Health

Analysis

Horses for Mental Health is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Horses for Mental Health reported income of $405k and spending of $377k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $405k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horses for Mental Health sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within UT. Charities of a similar size with the same main cause include Davids Courage Inc ($405k), Pucks for Autism Inc ($405k) and Apbd Research Foundation ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $21k (5.6% of expenses). At year end it held assets of $110k against liabilities of $452, net assets of $110k.