American Quarter Horse Foundation is a 501(c)(3) organization based in Amarillo, Texas, registered in 1976, with $11,932,105 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$11.9M
▲ 75.3% vs prior year
Animals median: $151K
Expenses (FY2023)
$2.3M
Net assets
$71.6M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for American Quarter Horse Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American Quarter Horse Foundation: 367 mo reserves · +80% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for American Quarter Horse Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American Quarter Horse Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $5.0M (FY2013) to $11.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
80.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$71.9M
Total liabilities
$259K
Net assets
$71.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $11,932,105▲75.3% | $2,342,348▲2.0% | $71,613,593▲26.7% | $71,872,707▲26.6% | 990 |
| 2022 | $6,808,098▲170% | $2,296,874▼7.9% | $56,542,523▲19.1% | $56,783,133▲18.8% | 990 |
| 2021 | $2,524,277▼75.3% | $2,494,106▼22.3% | $47,470,753▼13.7% | $47,790,954▼14.1% | 990 |
| 2020 | $10,207,554▲250% | $3,209,605▲15.4% | $54,997,923▲10.2% | $55,629,992▲10.3% | 990 |
| 2019 | $2,917,052▼38.7% | $2,781,642▼14.5% | $49,905,052▲3.2% | $50,441,925▲2.8% | 990 |
| 2018 | $4,761,941▲21.1% | $3,251,898▲5.0% | $48,360,184▼0.4% | $49,071,282▼0.2% | 990 |
| 2017 | $3,933,266▲18.6% | $3,097,251▼20.2% | $48,569,831▲0.7% | $49,186,454▼0.2% | 990 |
| 2016 | $3,315,125▼12.5% | $3,881,056▼1.2% | $48,233,648▲4.1% | $49,307,493▲3.5% | 990 |
| 2015 | $3,787,035▼37.6% | $3,929,916▲14.5% | $46,331,110▼1.0% | $47,628,679▲0.6% | 990 |
| 2014 | $6,065,257▲22.2% | $3,433,290▲1.3% | $46,780,577▼2.5% | $47,347,427▼2.8% | 990 |
| 2013 | $4,964,850 | $3,388,029▼3.8% | $47,992,855▲7.1% | $48,693,098▲7.0% | 990 |
| 2012 | — | $3,521,867▲2.9% | $44,826,845▲11.6% | $45,497,215▲11.3% | 990 |
| 2011 | — | $3,423,167▼1.8% | $40,172,540▲11.8% | $40,865,922▲11.5% | 990 |
| 2010 | — | $3,484,709▼1.6% | $35,922,518▼2.1% | $36,649,207▼2.3% | 990 |
| 2009 | — | $3,542,823 | $36,688,752 | $37,513,958 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
19 grants to American Quarter Horse Foundation totaling $975K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2024 | $26,250 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2023 | $26,250 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $23,982 |
| American Quarter Horse Association | Operations | 2022 | $110,162 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2022 | $26,250 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2021 | $551,250 |
| Donor Advised Charitable Giving | Environmental and animals | 2021 | $8,750 |
| American Quarter Horse Association | Museum operations, equine research, youth scholarships | 2020 | $37,151 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2020 | $26,250 |
| American Quarter Horse Association | Museum operations, equine research, youth scholarships | 2019 | $31,793 |
| Donor Advised Charitable Giving | Environmental and animals | 2019 | $7,100 |
| American Quarter Horse Association | Museum operations, equine research, youth scholarships | 2018 | $13,434 |
| Oklahoma City Community Foundation Inc | General purposes | 2018 | $10,000 |
| American Quarter Horse Association | Museum operations, equine research, youth scholarships | 2017 | $17,533 |
| Austin Community Foundation | Equine research - please do not include donor on public listings | 2017 | $5,000 |
Explore more
Data for American Quarter Horse Foundation (EIN 51-0187823) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.