Henderson Saddle Association

Analysis

Henderson Saddle Association is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in September 2006, 20 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, Henderson Saddle Association reported income of $276k and spending of $290k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $582k to $276k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Henderson Saddle Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within NV. Charities of a similar size with the same main cause include Watertown Baseball Parents Association Inc ($276k), United States Bowling Congress Inc ($276k) and Farmingdale Aquatics ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $25k. At year end it held assets of $498k against liabilities of $46k, net assets of $452k. It reported 3 employees.