Health Care
(E990)
IRS Verified
DX Registered
990 on File
HOOVES OF HOPE EQUESTRIAN CENTER INC
Financial strength (30%)
93/100
Reliability (20%)
50/100
Effectiveness (25%)
77/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Our mission is to provide children and adults, with diverse needs, a solid foundation for developing life skills through equine assisted activities and therapies in a safe and caring environment.
Financial Overview — FY 2024
$292K
Total Revenue
$266K
Total Expenses
$103K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.1%
Fundraising Efficiency
N/A
Operating Reserve
4.65x
Liability-to-Asset
0.0%
Revenue Diversification
79.2%
Executive Compensation
$54K
Compared with Peers
FY 2024
Compared with 4,558 similar organizations
(United States, Health Care, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.1% | 84.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.9% | 10.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.7 mo | 13.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.2% | 93.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
12.5% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.7% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
8.9% | 3.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $292K | $266K | $103K | 79.1% | 0 |
| 2023 | $260K | $257K | $77K | 78.5% | 0 |
| 2022 | $196K | $212K | $74K | 0.0% | — |
| 2021 | $182K | $158K | $90K | 0.0% | — |
| 2019 | $304K | $147K | N/A | — | 1 |
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