H O P E Equestrian Center

Analysis

H O P E Equestrian Center is a registered charity in United States, based in Eagle Point, OR. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, H O P E Equestrian Center reported income of $334k and spending of $242k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $334k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H O P E Equestrian Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Youth Service Bureau of Laporte County Inc ($334k), Greater Glens Falls Senior Citizen Center Inc ($334k) and Norcal Mavericks ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $49k (20% of expenses). At year end it held assets of $1.3m against liabilities of $737k, net assets of $582k. It reported 3 employees.