North Carolina Quarter Horse Association - District 4 Inc is a 501(c)(4) organization based in Benson, North Carolina, registered in 2013, with $279,851 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$280K
▼ 7.5% vs prior year
Recreation median: $129K
Expenses (FY2025)
$271K
Net assets
$171K
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 North Carolina Quarter Horse Association - District 4 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 North Carolina Quarter Horse Association - District 4 Inc: 8 mo reserves · +3% 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 North Carolina Quarter Horse Association - District 4 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 North Carolina Quarter Horse Association - District 4 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $214K (FY2019) to $280K (FY2025) across 7 reported years.
Financial snapshot
Operating margin
3.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$171K
Total liabilities
$0
Net assets
$171K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $279,851▼7.5% | $271,310▼5.0% | $171,299▲5.2% | $171,299▲5.2% | 990 |
| 2024 | $302,474▲8.7% | $285,494▲11.4% | $162,758▲11.6% | $162,758▲11.6% | 990 |
| 2023 | $278,170▲23.2% | $256,211▲19.8% | $145,778▲17.7% | $145,778▲17.7% | 990 |
| 2022 | $225,839▲16.7% | $213,951▲22.6% | $123,819▲10.6% | $123,819▲10.6% | 990 |
| 2021 | $193,596▲177% | $174,579▲94.5% | $111,931▲20.5% | $111,931▲20.5% | 990 |
| 2020 | $69,791▼67.4% | $89,758▼54.0% | $92,913▼17.7% | $92,913▼17.7% | 990 |
| 2019 | $213,767 | $195,150 | $112,880 | $112,880 | 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.
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Data for North Carolina Quarter Horse Association - District 4 Inc (EIN 26-4033198) 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.