Thoroughbred Athletes Inc

Analysis

Thoroughbred Athletes Inc is a registered charity in United States, based in Guthrie, OK. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Thoroughbred Athletes Inc reported income of $151k and spending of $146k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $151k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Thoroughbred Athletes 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 47th percentile, and in the 48th percentile within OK. Charities of a similar size with the same main cause include Malinois Corporation ($151k), Massena Humane Society Inc ($152k) and Animal Welfare League of Montgomery County Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.