California State Horsemens Association Incorporated

Analysis

California State Horsemens Association Incorporated is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, California State Horsemens Association Incorporated reported income of $93k and spending of $49k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $454k to $93k (-79%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, California State Horsemens Association Incorporated sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Missouri State Mens Lacrosse ($93k), Arlington Youth Football ($93k) and Long Prairie Hockey Association ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 27% of the total. At year end it held assets of $404k against liabilities of $28k, net assets of $376k.