Passes our checks

Maryland Horse Foundation Inc

EIN 52-1619893 · Reisterstown, MD

Public records show a registered, tax-exempt organization in good standing.

What it says it does

TO EDUCATE THE PUBLIC AND IMPROVE THE CONDITIONS OF THE EQUINE INDUSTRY THROUGHOUT THE STATE OF MARYLAND.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 93 out of 100. Higher than 71% of charities in its peer group (animals, $250k to $1m).

Reserves
28 of 35
Spendable reserves would cover 7.1 months of spending.
Debt
20 of 20
It owes 1% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 28% of income.
Income trend
15 of 15
Income rose 101% on the year before.
Spending floor
15 of 15
92% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 68 out of 100. Higher than 60% of charities in its peer group (animals, $250k to $1m).

Independent board
25 of 25
11 of 11 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15
Its accounts were audited by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)

$182,716 spent. TO EDUCATE THE PUBLIC AND IMPROVE THE CONDITIONS OF THE EQUINE INDUSTRY THROUGHOUT THE STATE OF MARYLAND. SEVERAL HUNDRED INDIVIDUALS ARE REACHED ON AN ANNUAL BASIS.
$3,440 spent. MARYLAND THOROUGBRED CAREER PROGRAM IS AN EDUCATIONAL PROGRAM TO INCREASE AWARENESS OF THE DIVERSE CAREER OPTIONS IN THE HORSE INDUSTRY.
$4,491 spent. THE MARYLAND HORSE LIBRARY & EDUCATION CENTER IS THE LARGEST LIBRARY OF ITS KIND ON THE EAST COAST, IT MAINTAINS THOUSANDS OF BOOKS DEDICATED EXCLUSIVELY TO HORSES.
$41,004 spent. TO EDUCATE STUDENTS AND ASSIST IN THER EDUCATIONAL COSTS, TO PROVIDE AN EQUINE LIBRARY AND MEDIA CENTER WHICH IS OPEN TO THE PUBLIC.
TO EDUCATE STUDENTS AND ASSIST IN THER EDUCATIONAL COSTS, TO PROVIDE AN EQUINE LIBRARY AND MEDIA CENTER WHICH IS OPEN TO THE PUBLIC.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

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 2025.
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 November 1990.
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.