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Wisconsin · Nonprofit

SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC

SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC (Wisconsin) receives grants from 6 organizations whose IRS filings report $44,167 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($25,000). 3 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$66k
Funders on record
6
Grants received
$44k
Net assets
$20k
3/6 repeat funderspeak grant-dependency 9%
01What it does

What Spirit Horse Equine Rescue & Education Center Inc does

Mission

Equine rescue & rehabilitation; adoptions; education programs

As stated on its FY2025 Form 990-EZ.

Programs

  1. Spirit Horse Equine Rescue & Education Center rescues abused neglected unwanted and slaughter-bound equines providing veterinary care farrier services and specialized feeding to rehabilitate each horse physically and mentally. Horses that can be sufficiently rehabilitated are placed in qualified adoptive homes; those that cannot are provided sanctuary for the duration of their lives. During the fiscal year the organization provided care to approximately 36 horses

    $81,562 spent
    100% of program spending
  2. The organization provides education to groups and individuals on methods of Natural Horsemanship and proper equine care helping horse owners better care for their animals so they do not end up unwanted or in shelters. During the fiscal year the organization also began producing an educational podcast to extend this outreach to a wider audience.

    $31 spent
    0% of program spending

The 2 programs described on its FY2025 Form 990-EZ. Program spending in total: $81,593.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($75k) Expenses 100 ($53k) Net assets 100 ($28k)2020 Revenue 80 ($59k) Expenses 121 ($64k) Net assets 85 ($23k)2021 Revenue 62 ($46k) Expenses 92 ($48k) Net assets 77 ($21k)2022 Revenue 100 ($75k) Expenses 91 ($48k) Net assets 174 ($48k)2023 Revenue 58 ($43k) Expenses 131 ($69k) Net assets 80 ($22k)2024 Revenue 61 ($45k) Expenses 104 ($55k) Net assets 45 ($12k)2025 Revenue 88 ($66k) Expenses 110 ($58k) Net assets 74 ($20k)
2019202020212022202320242025
Revenue (88)Expenses (110)Net assets (74)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 2021 to 2022, from $21k to $48k (+127%).

$28k
$23k
$21k
$48k
$22k
$12k
$28k
2019202020212022202320242025
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.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC’s revenue is contributions — more donation-reliant than the typical peer (100% for the typical peer).

This organization
Typical peer · 6,580 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

$22k
’19
−$4k
’20
−$2k
’21
$27k
’22
−$26k
’23
−$10k
’24
$8k
’25
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 3 funders, grant income fell $7k → $2k.

4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 85% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC’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.

How concentrated its funding is

SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC leans on a few funders — its largest provides 57% of grant income and the top three 85%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC.

57%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 89% · 2021 84% · 2022 88% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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

85% of SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $7k that is directly attributable, 100% of it comes from Wisconsin funders.

WI

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

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

Funder states come from each funder’s own filing. $38k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC runs a healthier operating margin than half of the 3,315 animals nonprofits its size.

Operating margin12% · above the median
Revenue growth (annualized)−2% · above the median

this organization peer median middle 50% of peers· 3,315 animals nonprofits under $100k, FY2025

Organizations like SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC

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 Wisconsin

Nationally

05Profile & governance

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

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WI

Screen this organization

A dated, signed PDF of the compliance screen for SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC: 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 SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC?
SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC (Wisconsin) receives grants from 6 organizations whose IRS filings report $44,167 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($25,000). 3 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC have?
IRS filings report 6 organizations giving $44,167 in grants to SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC, 3 of which have funded it in more than one year.
Who is the largest funder of SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like SPIRIT HORSE EQUINE RESCUE & EDUCATION CENTER INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. 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 Spirit Horse Equine Rescue & Education Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 6 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