Miracle Horse Rescue Inc

Analysis

Miracle Horse Rescue Inc is a registered charity in United States, based in Midvale, ID. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Miracle Horse Rescue Inc reported income of $87k and spending of $107k, spending 123% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $102k to $87k (-15%), an average of -7.7% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 105% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Miracle Horse Rescue Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within ID. Charities of a similar size with the same main cause include Humane Organization for the Protection & Education for Animals ($87k), Country Acres Rescue ($87k) and Rileys Rescue of Brevard Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $14k, net assets of -$14k.