Horse Power for Kids Inc

Analysis

Horse Power for Kids Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover health care, 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, Horse Power for Kids Inc reported income of $645k and spending of $679k, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $379k to $645k (+70%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horse Power for Kids Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Prion Alliance Inc ($645k), Contactlifeline Inc ($646k) and Operation Warrior Resolution Inc ($645k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.