Ahead with Horses Inc

Analysis

Ahead with Horses Inc is a registered charity in United States, based in Shadow Hills, CA. It received its IRS tax-exemption ruling in April 1978, 48 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 June 2023, Ahead with Horses Inc reported income of $262k and spending of $317k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $352k to $262k (-26%), an average of -9.4% a year. The sharpest change came in the year to June 2022, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ahead with Horses Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Ibrea Foundation ($262k), Community Connections Free Clinic Inc ($262k) and B C Davis Inc ($262k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $49k (15% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.2m against liabilities of $338k, net assets of $862k. It reported 5 employees.