everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Horsepower Inc

High Point, NC / EIN 56-1907424 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011347,776306,29241,48411.445%
2012289,928285,7524,17612.446%
2013275,863369,557−93,6946.535%
2014361,867374,914−13,0476.037%
2015415,555451,484−35,9294.632%
2016338,317306,86431,4538.050%
2017304,102307,279−3,1777.952%
2018343,387339,1724,2157.352%
2019369,222337,13032,0925.856%
2020365,268308,01457,2548.556%
2021500,022361,736138,28611.959%
2022465,473459,9085,5659.559%
2023641,020607,40533,6157.862%

In its most recent public year (2023), this organization brought in $33,615 more than it spent. Its reserves stood at about 7.8 months of spending, down from 11.4 in 2011. Staff pay was 62% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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