California Thoroughbred Breeders Association
Public records raise at least one point you should look into before giving.
What it says it does
TO CREATE AN ENVIRONMENT OF EDUCATION FOR THE MEMBERSHIP SO AS TO BRING ABOUT THE BETTERMENT OF THE CONDITIONS FOR THOSE INVOLVED IN THE AGRICULTURAL PRODUCTION OF CALIFORNIA-BRED THOROUGHBREDS; TO ASSIST IN ALL WAYS APPROPRIATE, INCLUDING LEGISLATIVELY, TO MAXIMIZE THE QUALITY AND PROFITABILITY OF THE PRODUCT OF THE MEMBERS AND THE EFFICIENCY OF THEIR OPERATION; AND TO ENHANCE ALL ECONOMIC CONDITIONS RELATED TO THE GROWTH AND VITALITY OF THE THOROUGHBRED INDUSTRY IN CALIFORNIA.
- Income
- $1.6 million
- Spending
- $1.9 million
- Employees
- 18
- Volunteers
- 13
- Highest pay
- $249,414, ceo & gm
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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 (3)
- REGISTRATION OF THOROUGHBRED HORSES IN CALIFORNIA & INCENTIVE AWARDS:THOROUGHBRED HORSES THAT ARE REGISTERED ARE ELIGIBLE FOR INCENTIVE AWARDS FUNDED THROUGH PARI-MUTUAL WAGERING ON AUTHORIZED RACES MOSTLY CONDUCTED OR PRODUCED IN CALIFORNIA. AS THE RECOGNIZED REGISTERING AGENCY, THE ASSOCIATION COLLECTS AND DISTRIBUTES VARIOUS INCENTIVE AWARDS TO THOROUGHBRED BREEDERS AND OWNERS OF CALIFORNIA-BRED THOROUGHBREDS AND CALIFORNIA BASED STALLIONS. THE ASSOCIATION ALSO CONDUCTS AN ANNUAL AUCTION OF THOROUGHBREDS, FOR WHICH IT RECEIVES ENTRY FEES AND A COMMISSION FROM THE SALE OF HORSES.
- CONDUCT ANNUAL NORTHERN CALIFORNIA YEARLING SALE: THE ANNUAL NORTHERN CALIFORNIA YEARLING SALE BRINGS TOGETHER SELLERS AND BUYERS FOR THE ADVANCEMENT OF HORSE RACING IN CALIFORNIA. IN 2023, OVER 20 CONSIGNORS PARTICIPATED AND 230 HORSES WERE SOLD AT CTBA'S SOUTHERN CALIFORNIA AND NORTHERN CALIFORNIA SALES.
- CTBA PUBLISHES A MONTHLY MAGAZINE: CALIFORNIA THOROUGHBRED TO WHICH ALL MEMBERS RECEIVE ANNUAL SUBSCRIPTIONS. CALIFORNIA THOROUGHBRED MAGAZINE HAS LONG BEEN RECOGNIZED AS A LEADING INDUSTRY PUBLICATION. WE ARE DEDICATED TO BUILDING UPON THAT FOUNDATION. ONE WAY THIS IS BEING ACHIEVED IS BY WORKING TOGETHER IN PROVIDING ARTICLES THAT ARE SIGNIFICANT IN ASSISTING IN FARM MANAGEMENT AND ANIMAL HUSBANDRY. THE MAGAZINE ALSO BRINGS TOGETHER ADVERTISERS AND A PRECISE TARGET MARKET. STALLION OWNERS ARE ABLE TO COST EFFECTIVELY REACH THE REAL DECISION-MAKERS WITH THEIR ADVERTISING DOLLARS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. 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)(5) labor or agricultural organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(5) labor or agricultural organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1945.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.