Freedom Hill Horse Rescue
Freedom Hill Horse Rescue consistently operates with a volunteer leadership and maintains low liabilities, though asset values fluctuated significantly in the latest period.
EIN: 201933165 · Dunkirk, MD · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $111K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $49,141 |
| Net Assets | $50K |
| Transparency Score | 90/100 |
Is Freedom Hill Horse Rescue Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Freedom Hill Horse Rescue directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Freedom Hill Horse Rescue
Freedom Hill Horse Rescue (EIN: 201933165) is a nonprofit organization based in Dunkirk, MD, classified under NTEE code D20. The organization reported total revenue of $106K and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freedom Hill Horse Rescue's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freedom Hill Horse Rescue is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $111K |
| Surplus / Deficit | +$38K |
| Total Assets | $54K |
| Total Liabilities | $3K |
| Net Assets | $50K |
| Operating Margin | 25.7% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Freedom Hill Horse Rescue reported a surplus of $38K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Freedom Hill Horse Rescue's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.9% | +15.8% | -66.4% |
| 2022 | -24.1% | +26.1% | +8.4% |
| 2021 | +62.2% | +21.2% | +78.9% |
| 2020 | +24.2% | +1.9% | +51.9% |
| 2019 | +1.9% | -19.3% | +20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Freedom Hill Horse Rescue with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Freedom Hill Horse Rescue allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization of its size, with revenues ranging from $49,141 to $148,897, as it maximizes the proportion of funds directly allocated to its mission.
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.
Red Flags
The following concerns were identified during AI analysis of Freedom Hill Horse Rescue's IRS 990 filings:
- Significant decrease in assets from $159,417 in 202212 to $53,546 in 202312 without clear explanation in summary data.
Strengths
The following positive indicators were identified for Freedom Hill Horse Rescue:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership.
- Consistently low liabilities, demonstrating sound financial management.
- Generally positive net income in most recent periods, indicating financial stability.
- Steady revenue generation over the past decade, showing consistent donor support.
Frequently Asked Questions about Freedom Hill Horse Rescue
Is Freedom Hill Horse Rescue a legitimate charity?
Based on AI analysis of IRS 990 filings, Freedom Hill Horse Rescue (EIN: 201933165) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Freedom Hill Horse Rescue spend its money?
Freedom Hill Horse Rescue directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Freedom Hill Horse Rescue tax-deductible?
Freedom Hill Horse Rescue is registered as a tax-exempt nonprofit (EIN: 201933165). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Freedom Hill Horse Rescue CEO make?
Freedom Hill Horse Rescue's highest-compensated officer earns $49,141 annually. The organization reported $106K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Freedom Hill Horse Rescue's spending goes to programs?
Freedom Hill Horse Rescue directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Freedom Hill Horse Rescue compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Freedom Hill Horse Rescue is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Freedom Hill Horse Rescue located?
Freedom Hill Horse Rescue is headquartered in Dunkirk, Maryland and files with the IRS under EIN 201933165. It is classified under NTEE code D20.
How many years of IRS 990 filings does Freedom Hill Horse Rescue have?
Freedom Hill Horse Rescue has 13 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 $106K in total revenue.
Is Freedom Hill Horse Rescue a good charity?
Based on the available IRS 990 data, Freedom Hill Horse Rescue appears to be a very good charity. It consistently operates with volunteer leadership (0% officer compensation), maintains low liabilities, and generally manages its expenses well relative to its revenue.
What caused the significant drop in assets from $159,417 in 202212 to $53,546 in 202312?
The IRS 990 data alone does not specify the exact reason for this substantial decrease in assets. It could be due to significant program expenditures, asset depreciation, or the sale of assets. Further investigation into the organization's detailed financial statements would be needed to understand this change.
How does Freedom Hill Horse Rescue's spending efficiency compare to similar animal welfare organizations?
With 0% officer compensation and generally positive net income, Freedom Hill Horse Rescue demonstrates strong spending efficiency. Its volunteer-led model likely allows a higher percentage of funds to go directly to programs compared to organizations with paid executive staff.
Filing History
IRS 990 filing history for Freedom Hill Horse Rescue showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Freedom Hill Horse Rescue's revenue has grown by 222.5%, moving from $46K to $149K. Total assets increased by 61.3% over the same period, from $33K to $54K. Total functional expenses rose by 266.1%, from $30K to $111K. In its most recent filing year (2023), Freedom Hill Horse Rescue reported a surplus of $38K, with revenue exceeding expenses. The organization holds $3K in liabilities against $54K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $50K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $111K | $54K | $3K | — | View 990 |
| 2022 | $107K | $96K | $159K | $4K | — | View 990 |
| 2021 | $141K | $76K | $147K | $3K | — | — |
| 2020 | $87K | $63K | $82K | $4K | — | View 990 |
| 2019 | $70K | $61K | $54K | $2K | — | View 990 |
| 2018 | $69K | $76K | $45K | $998 | — | View 990 |
| 2017 | $49K | $72K | $53K | $2K | — | View 990 |
| 2016 | $78K | $56K | $74K | $0 | — | View 990 |
| 2015 | $73K | $60K | $55K | $2K | — | View 990 |
| 2014 | $62K | $50K | $40K | $203 | — | View 990 |
| 2013 | $31K | $29K | $28K | $0 | — | View 990 |
| 2012 | $28K | $36K | $26K | $407 | — | View 990 |
| 2011 | $46K | $30K | $33K | $285 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $111K, and assets of $54K (revenue +38.9% year-over-year).
- 2022: Revenue of $107K, expenses of $96K, and assets of $159K (revenue -24.1% year-over-year).
- 2021: Revenue of $141K, expenses of $76K, and assets of $147K (revenue +62.2% year-over-year).
- 2020: Revenue of $87K, expenses of $63K, and assets of $82K (revenue +24.2% year-over-year).
- 2019: Revenue of $70K, expenses of $61K, and assets of $54K (revenue +1.9% year-over-year).
- 2018: Revenue of $69K, expenses of $76K, and assets of $45K (revenue +40.0% year-over-year).
- 2017: Revenue of $49K, expenses of $72K, and assets of $53K (revenue -36.9% year-over-year).
- 2016: Revenue of $78K, expenses of $56K, and assets of $74K (revenue +7.0% year-over-year).
- 2015: Revenue of $73K, expenses of $60K, and assets of $55K (revenue +17.4% year-over-year).
- 2014: Revenue of $62K, expenses of $50K, and assets of $40K (revenue +98.0% year-over-year).
- 2013: Revenue of $31K, expenses of $29K, and assets of $28K (revenue +11.3% year-over-year).
- 2012: Revenue of $28K, expenses of $36K, and assets of $26K (revenue -39.1% year-over-year).
- 2011: Revenue of $46K, expenses of $30K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freedom Hill Horse Rescue:
Data Sources and Methodology
This transparency report for Freedom Hill Horse Rescue 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.