Hope Horses & Kids is a 501(c)(3) organization based in Salinas, California, registered in 2012, with $451,720 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$452K
▲ 7.2% vs prior year
Recreation median: $129K
Expenses (FY2024)
$443K
Net assets
$162K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Hope Horses & Kids— 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 Hope Horses & Kids: 4 mo reserves · +2% margin earns a A 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 Hope Horses & Kids— 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 Hope Horses & Kids: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $120K (FY2015) to $452K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$164K
Total liabilities
$1,777
Net assets
$162K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $451,720▲7.2% | $443,248▲19.2% | $162,048▲5.3% | $163,825▲2.6% | 990 |
| 2023 | $421,200▲13.2% | $371,827▲2.2% | $153,839▲47.1% | $159,708▲25.5% | 990 |
| 2022 | $372,246▲51.3% | $363,683▲41.1% | $104,582▲8.9% | $127,263▲32.5% | 990 |
| 2021 | $246,067▲20.7% | $257,715▲61.9% | $96,019▼10.8% | $96,019▼25.7% | 990 |
| 2020 | $203,853▲9.6% | $159,167▼30.2% | $107,667▲71.0% | $129,250▲73.9% | 990 |
| 2019 | $186,073▼13.9% | $228,037▲16.2% | $62,981▼39.9% | $74,320▼29.1% | 990 |
| 2018 | $216,001▲59.1% | $196,281▲6.4% | $104,845▲22.6% | $104,845▲22.6% | 990 |
| 2017 | $135,789▼27.4% | $184,532▲47.1% | $85,526▼36.3% | $85,526▼36.3% | 990EZ |
| 2016 | $187,017▲55.9% | $125,416▲93.4% | $134,269▲88.0% | $134,269▲84.9% | 990 |
| 2015 | $119,978 | $64,859 | $71,425 | $72,634 | 990EZ |
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.
5 grants to Hope Horses & Kids totaling $162K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Public, societal benefit | 2023 | $10,000 |
| Marin Community Foundation | General operating support | 2021 | $30,000 |
| Community Foundation For Monterey County | Mc gives / general support | 2016 | $107,457 |
| Donor Advised Charitable Giving | Environmental/animals | 2016 | $8,800 |
| Community Foundation For Monterey County | General support | 2015 | $5,922 |
Explore more
Data for Hope Horses & Kids (EIN 27-3717973) 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.