Equine Rescue Of Aiken
Equine Rescue Of Aiken maintains stable operations with volunteer leadership and growing assets.
EIN: 205162723 · Aiken, SC · NTEE: D200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $726K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.3M |
| Transparency Score | 92/100 |
Is Equine Rescue Of Aiken Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Equine Rescue Of Aiken directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Equine Rescue Of Aiken
Equine Rescue Of Aiken (EIN: 205162723) is a nonprofit organization based in Aiken, SC, classified under NTEE code D200. The organization reported total revenue of $1.1M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equine Rescue Of Aiken's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equine Rescue Of Aiken is a mid-size nonprofit that has been operating for 7 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $716K |
| Total Expenses | $726K |
| Surplus / Deficit | $-9,704 |
| Total Assets | $1.6M |
| Total Liabilities | $346K |
| Net Assets | $1.3M |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 21.6% |
| Months of Reserves | 26.5 months |
Financial Health Grade: B
In 2023, Equine Rescue Of Aiken reported a deficit of $10K with expenses exceeding revenue, holds 26.5 months of operating reserves (strong position), has a debt-to-asset ratio of 21.6% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Equine Rescue Of Aiken's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +5.6% | -11.4% |
| 2022 | -10.5% | -25.4% | +0.8% |
| 2021 | +2.5% | -8.7% | -9.1% |
| 2020 | -73.9% | +4.8% | -3.3% |
| 2019 | +248.5% | +65.2% | +411.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Equine Rescue Of Aiken with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Equine Rescue Of Aiken allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with over $1 million in annual revenue and nearly $1.8 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Equine Rescue Of Aiken:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Significant growth in assets from $84,563 in 2011 to $1,777,054 currently, demonstrating financial stability.
- Expenses generally track closely to revenues, suggesting efficient use of funds for program delivery (e.g., 2023 expenses of $726,031 vs. revenue of $716,327).
- Healthy asset-to-liability ratio, indicating strong financial position (e.g., 2023 assets $1,600,561 vs. liabilities $345,955).
Frequently Asked Questions about Equine Rescue Of Aiken
Is Equine Rescue Of Aiken a legitimate charity?
Based on AI analysis of IRS 990 filings, Equine Rescue Of Aiken (EIN: 205162723) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Equine Rescue Of Aiken spend its money?
Equine Rescue Of Aiken directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Equine Rescue Of Aiken tax-deductible?
Equine Rescue Of Aiken is registered as a tax-exempt nonprofit (EIN: 205162723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Equine Rescue Of Aiken CEO make?
Equine Rescue Of Aiken's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Equine Rescue Of Aiken's spending goes to programs?
Equine Rescue Of Aiken directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Equine Rescue Of Aiken compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Equine Rescue Of Aiken is above average for NTEE category D200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Equine Rescue Of Aiken located?
Equine Rescue Of Aiken is headquartered in Aiken, South Carolina and files with the IRS under EIN 205162723. It is classified under NTEE code D200.
How many years of IRS 990 filings does Equine Rescue Of Aiken have?
Equine Rescue Of Aiken has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Is Equine Rescue Of Aiken a good charity?
Based on the available IRS 990 data, Equine Rescue Of Aiken appears to be a very good charity. They demonstrate strong financial health with growing assets, efficient spending where expenses closely match revenues, and exceptional transparency by reporting 0% officer compensation across all filings, indicating a high dedication to their mission.
How has Equine Rescue Of Aiken's financial health changed over time?
Equine Rescue Of Aiken has shown significant financial growth and stability. Assets have increased dramatically from $84,563 in 2011 to $1,777,054 currently. While revenues and expenses have fluctuated, they generally operate within a sustainable range, with a notable revenue spike in 2019 ($2,750,147) indicating strong donor support at times.
What is Equine Rescue Of Aiken's approach to executive compensation?
Equine Rescue Of Aiken has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation in all available IRS 990 filings. This indicates that their leadership is entirely volunteer-based, allowing more funds to be directed towards their program services.
Are Equine Rescue Of Aiken's liabilities manageable?
Yes, Equine Rescue Of Aiken's liabilities appear manageable. In the latest 2023 filing, liabilities were $345,955 against assets of $1,600,561, representing a healthy asset-to-liability ratio. While liabilities have fluctuated, they have remained well within the organization's capacity to manage.
Filing History
IRS 990 filing history for Equine Rescue Of Aiken showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Equine Rescue Of Aiken's revenue has grown by 62%, moving from $442K to $716K. Total assets increased by 1792.7% over the same period, from $85K to $1.6M. Total functional expenses rose by 65.7%, from $438K to $726K. In its most recent filing year (2023), Equine Rescue Of Aiken reported a deficit of $10K, with expenses exceeding revenue. The organization holds $346K in liabilities against $1.6M in assets (debt-to-asset ratio: 21.6%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $716K | $726K | $1.6M | $346K | — | View 990 |
| 2022 | $658K | $687K | $1.8M | $543K | — | View 990 |
| 2021 | $735K | $921K | $1.8M | $498K | — | View 990 |
| 2020 | $718K | $1.0M | $2.0M | $491K | — | View 990 |
| 2019 | $2.8M | $963K | $2.0M | $267K | — | View 990 |
| 2015 | $789K | $583K | $399K | $4K | — | View 990 |
| 2014 | $490K | $614K | $201K | $5K | — | View 990 |
| 2013 | $471K | $552K | $382K | $6K | — | View 990 |
| 2012 | $985K | $613K | $460K | $3K | — | View 990 |
| 2011 | $442K | $438K | $85K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $716K, expenses of $726K, and assets of $1.6M (revenue +8.9% year-over-year).
- 2022: Revenue of $658K, expenses of $687K, and assets of $1.8M (revenue -10.5% year-over-year).
- 2021: Revenue of $735K, expenses of $921K, and assets of $1.8M (revenue +2.5% year-over-year).
- 2020: Revenue of $718K, expenses of $1.0M, and assets of $2.0M (revenue -73.9% year-over-year).
- 2019: Revenue of $2.8M, expenses of $963K, and assets of $2.0M (revenue +248.5% year-over-year).
- 2015: Revenue of $789K, expenses of $583K, and assets of $399K (revenue +61.0% year-over-year).
- 2014: Revenue of $490K, expenses of $614K, and assets of $201K (revenue +3.9% year-over-year).
- 2013: Revenue of $471K, expenses of $552K, and assets of $382K (revenue -52.1% year-over-year).
- 2012: Revenue of $985K, expenses of $613K, and assets of $460K (revenue +122.7% year-over-year).
- 2011: Revenue of $442K, expenses of $438K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equine Rescue Of Aiken:
Data Sources and Methodology
This transparency report for Equine Rescue Of Aiken is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.