Horses For Heroes-new Mexico Inc is a 501(c)(3) organization based in Santa Fe, New Mexico, registered in 2010, with $531,933 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$532K
▲ 23.1% vs prior year
Health median: $840K
Expenses (FY2024)
$90K
Net assets
$3.3M
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 Horses For Heroes-new Mexico Inc— 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 Horses For Heroes-new Mexico Inc: 444 mo reserves · +83% 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 Horses For Heroes-new Mexico Inc— 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 Horses For Heroes-new Mexico Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $341K (FY2014) to $532K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
83.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$0
Net assets
$3.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $531,933▲23.1% | $90,126▲11.5% | $3,337,589▲15.3% | $3,337,589▲15.3% | 990 |
| 2023 | $432,192▲67.8% | $80,864▲25.6% | $2,895,782▲13.8% | $2,895,782▲13.8% | 990 |
| 2022 | $257,636▼8.2% | $64,366▼35.5% | $2,544,454▲8.2% | $2,544,454▲8.2% | 990 |
| 2021 | $280,770▼0.7% | $99,829▲92.7% | $2,351,184▲8.5% | $2,351,184▲8.5% | 990 |
| 2020 | $282,776▼25.7% | $51,816▼23.2% | $2,167,193▲11.9% | $2,167,193▲11.9% | 990 |
| 2019 | $380,843▲17.4% | $67,425▼21.2% | $1,936,233▲19.3% | $1,936,233▲19.3% | 990 |
| 2018 | $324,501▼18.5% | $85,526▼7.7% | $1,622,815▲17.3% | $1,622,815▲17.3% | 990 |
| 2017 | $398,111▲16.0% | $92,633▲16.5% | $1,383,840▲16.3% | $1,383,840▲16.3% | 990 |
| 2016 | $343,271▲15.8% | $79,536▲7.9% | $1,190,362▲31.8% | $1,190,362▲31.8% | 990 |
| 2015 | $296,370▼13.2% | $73,740▼14.7% | $903,227▲32.2% | $903,227▲32.2% | 990 |
| 2014 | $341,283 | $86,402 | $683,157 | $683,157 | 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.
15 grants to Horses For Heroes-new Mexico Inc totaling $166K, reported by foundations on their Schedule I filings.
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Data for Horses For Heroes-new Mexico Inc (EIN 27-1578535) 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.