Saddlebred Rescue Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
SADDLEBRED RESCUE, INC (SBR) IS A 501(C)(3) ORGANIZATION WHICH EXISTS TO SAVE UNWANTED HORSES FROM SLAUGHTER AND RETURN THEM TO USEFUL, PRODUCTIVE LIVES, AND TO EDUCATE THE PUBLIC ON CONCERNS FACING THE SADDLE SEAT BREEDS.
- Income
- $606,427
- Spending
- $605,999
- Spent on programs
- 91%
- Reserves
- -0.8 months of spending
- Largest source of income
- donations and private grants, 95%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $46,170, vice president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 32 out of 100. Higher than 2% of charities in its peer group (animals, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 102% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
5 of 15Income fell 19% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 56 out of 100. Higher than 38% of charities in its peer group (animals, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $553,257 spent. HORSE RESCUE, REHAB AND ADOPTION - SBR WORKS WITH ABOUT 100 HORSES EACH YEAR. SINCE 2006, WE HAVE TAKEN IN AND HELPED OVER 2,500 HORSES WITH THE VAST MAJORITY ADOPTED OUT TO APPROVED HOMES ACROSS THE COUNTRY. MOST OF THE HORSES WE HELP, WE PURCHASE FROM AUCTIONS WHERE THE HORSES WERE BEING FACED WITH SLAUGHTER AS THEIR ONLY OPTION. OVER OUR HISTORY, WE HAVE A VERY GOOD TRACK RECORD TO REHAB THE HORSES BACK TO HEALTH AND PLACE THEM SUCCESSFULLY VIA ADOPTION. WE GIVE THESE HORSES OUR PLEDGE THAT IF EVER THEIR NEW FAMILY CAN NO LONGER CARE FOR THEM, FOR ANY REASON, THEY MUST BE RETURNED TO OUR REHAB FACILITY. EACH YEAR WE HAVE RETURNED TO US 10-20 HORSES, WHICH IS A SMALL PERCENTAGE OF PLACED HORSES, BUT THIS PLEDGE DOES ADD COST TO OUR OPERATIONS AS WE HAVE TO BOARD AND RE-EVALUATE EACH ONE FOR PLACEMENT IF POSSIBLE. WE BELIEVE THE ADDED COST IS WELL WORTH IT. ALL OF THE HORSES WE HELP ARE HOUSED AT ONE LOCATION, THE REHAB FACILITY IN NEW JERSEY. WE DO NOT FOSTER OUT HOURSES WHICH COULD REDUCE COSTS AS WE THINK THAT IS IN THE HORSES BEST INTEREST. MOST FOSTER STRUCTURES FOR RESCUE THAT GO THAT DIRECTION OFTEN DONOT WORK LONG TERM. OUR STAFF AND VOLUTNEERS TAKE THE FLL AND CONSISTENT CARE OF ALL THE HORSES THAT COME THROUGH OUR PROGRAM.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2006.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.