Healing with Horseplay Inc

Analysis

Healing with Horseplay Inc is a registered charity in United States, based in Hamel, MN. It received its IRS tax-exemption ruling in August 2023, 3 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, Healing with Horseplay Inc reported income of $174k and spending of $16k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,000 to $174k (+17309%), an average of +17309% a year. The sharpest change came in the year to December 2023, when income rose by 17309%. Over the whole period it spent 9.4% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Healing with Horseplay Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include New Destiny Dog Rescue ($174k), Friends of Austin Animal Center ($174k) and Doberman Rescue of the Triad ($174k).

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 $229k against liabilities of $70k, net assets of $159k.