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Illinois · Nonprofit

ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST

ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST (Illinois) receives grants from 1 organization whose IRS filings report $37,500 to it, the largest being ILLINOIS THOROUGHBRED HORSEMEN'S ASSOCIATION INC ($37,500). 1 of them have funded it in more than one year.

Revenue FY2025
—
Funders on record
1
Grants received
$38k
Net assets
$4k
1/1 repeat funderspeak grant-dependency 100%
01What it does

What Illinois Thoroughbred Horsemen Association Benefit Trust does

Mission

The purpose of the illinois thoroughbred horsemen's association benefit trust is to address concerns of inadequate healthcare coverage in the horse racing industry. The benefit trust makes health coverage available and/or provides for the health insurance deductible to trainers and assistant trainers licensed in the state of illinois. By assisting the beneficiaries in qualifying for and paying for health insurance coverage/deductible, the benefit trust improves the well-being of a generally low-income population. The trust helps lessen the burden on the public by preventing the beneficiaries from relying on emergency room services and public aid.

As stated on its FY2025 Form 990-EZ.

Program

  1. Provides health insurance coverage and/or payment of health insurance deductibles to qualifying beneficiaries of the illinois thoroughbred horse racing industry.

    $6,361 spent
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $6,361.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Expenses 100 ($16k) Net assets 100 ($47k)2018 Revenue 100 ($10k) Expenses 142 ($22k) Net assets 74 ($35k)2019 Expenses 78 ($12k) Net assets 48 ($23k)2020 Revenue 75 ($8k) Expenses 58 ($9k) Net assets 44 ($21k)2021 Revenue 75 ($8k) Expenses 57 ($9k) Net assets 41 ($19k)2022 Revenue 75 ($8k) Expenses 66 ($10k) Net assets 35 ($17k)2023 Revenue 75 ($8k) Expenses 64 ($10k) Net assets 30 ($14k)2024 Revenue 75 ($8k) Expenses 58 ($9k) Net assets 26 ($12k)2025 Expenses 54 ($8k) Net assets 8 ($4k)
'17'18'19'20'21'22'23'24'25
Revenue (75)Expenses (54)Net assets (8)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $49k to $35k (−29%).

$49k
$35k
$23k
$21k
$19k
$17k
$14k
$12k
$4k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST’s revenue is contributions — more reliant on donations than three-quarters of its peers (24% for the typical peer).

This organization
Typical peer · 2,039 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.

−$16k
’17
−$12k
’18
−$12k
’19
−$2k
’20
−$2k
’21
−$3k
’22
−$3k
’23
−$2k
’24
−$8k
’25
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income held at $8k.

Funder
'20
'21
'22
'23
'24*
total
funders
1
1
1
1
1

From the IRS filings of ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST's grant income comes from Illinois funders.

IL

In-state vs out-of-state, by year

’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST's revenue fell 25% between 2018 and 2024.

Revenue growth (annualized)−5% · below the median

this organization peer median middle 50% of peers· 1,330 membership benefit nonprofits under $100k, FY2025

Organizations like ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST?
ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST (Illinois) receives grants from 1 organization whose IRS filings report $37,500 to it, the largest being ILLINOIS THOROUGHBRED HORSEMEN'S ASSOCIATION INC ($37,500). 1 of them have funded it in more than one year.
How many funders does ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST have?
IRS filings report 1 organization giving $37,500 in grants to ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST, 1 of which have funded it in more than one year.
Who is the largest funder of ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST?
ILLINOIS THOROUGHBRED HORSEMEN'S ASSOCIATION INC is the largest funder on record, with $37,500 in grants. The full list of funders is on this page.
How can an organization like ILLINOIS THOROUGHBRED HORSEMEN ASSOCIATION BENEFIT TRUST find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Illinois Thoroughbred Horsemen Association Benefit →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing