DETROIT HORSE POWER

DETROIT, MI, 48221-2546 (313) 899-0075 Est. 2015 EIN 47-3212490

O52 - Youth Development - Agricultural 990 - Public charity return 501(c)(3)

Mission

TO TEACH URBAN YOUTH TO RIDE AND CARE FOR HORSES AS A WAY TO DEVELOP CRITICAL SKILLS FOR FUTURE SUCCESS.

Total Revenue

$2,506,638

Total Expenses

$814,502

Net Assets

$7,229,629

10 employees 50 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

8.9 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 31.5%

Expenses ↑ 12.7%

Revenue Sources

Contributions 94.0% Investment 6.9%

Expense Breakdown

Program 86.3% Management 9.6% Fundraising 4.1%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$2,506,638 ↓	$814,502	$7,229,629
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$3,661,186 ↑	$722,697	$5,537,493
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$2,078,672 ↑	$572,132	$2,599,004
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$1,075,890 ↑	$459,514	$1,092,464
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$587,310	$375,523	$476,089