Resurrecting Hearts Horsemanship Inc
Analysis
Resurrecting Hearts Horsemanship Inc is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Resurrecting Hearts Horsemanship Inc reported income of $137k and spending of $59k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $137k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 36% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Resurrecting Hearts Horsemanship Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Projects for Asia Charitable Foundation Inc ($137k), Goff Ministries Inc ($137k) and Coffee Connection Incorporated ($137k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 21%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Projects for Asia Charitable Foundation Inc | Chesapeake | $137k |
| Goff Ministries Inc | Sandia | $137k |
| Coffee Connection Incorporated | Montezuma | $137k |
| Kefa | Helotes | $137k |