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Nonprofit · EIN 82-1485919

KARUNA HORSE RESCUE INC

Tax-exempt · TUCSON, AZ 85742

Financials

$146K$125K2023$262K$154K2024
Revenue Expenses · by fiscal year end
Financials of KARUNA HORSE RESCUE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$261,665$154,283$107,382$274,369$88,636$185,733
December 31, 2023990-EZ$145,947$125,408$20,539$158,351$80,000$78,351
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$251,783
Program service revenue
$0
Investment income
$4,566
Net income from fundraising events
$5,316
Other revenue
$5,316

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$6,623
Depreciation
$3,386
Program services (functional)
$141,831
Management and general (functional)
$12,404
Fundraising (functional)
$48

Balance sheet and other

Total assets, start of year
$158,351
Total assets, end of year
$274,369
Total liabilities, end of year
$88,636
Net assets, end of year
$185,733
Land, buildings and equipment
$10,970
Publicly traded securities
$79,066
Net assets without donor restrictions
$185,733
Gross receipts
$267,673
Employees
0
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Paul KartzerDirector
Trustee or director, Officer
10$0
Candice KratzerDirector
Trustee or director
20$0
Carrie FooteTreasurer
Trustee or director, Officer
5$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Paul KartzerDirector10$0
Candice KratzerDirector20$0
Carrie FooteTreasurer5$0
Sally MillerSecretary10$0

Address and contacts

Address (IRS master file)
4875 W OASIS RD, TUCSON, AZ 85742-9325
Mailing address (990-N for 2018)
4875 W Oasis Rd, Tucson AZ 85742
Principal officer (990 for 2024)
Paul Kratzer
Principal officer (990-N for 2018)
Paul Kratzer, 4875 W Oasis Rd, Tucson AZ 85742
Signed the 990
Paul Kratzer, Director
Phone
(520) 243-3267
Return prepared by
Randall Brookshier CPA PLLC

Mission

Karuna Horse Rescue rescues horses from cruelty, abandonment, and neglect, most pulled from kill pens bound for slaughter. Our rehabilitation philosophy is horse-centered and nurtures the Horse Within to return to return the animal to a natural state of Liberty and Well-Being. We provide forever sanctuary for the Karuna herd, and the rescued horse become partners in our mission of rehabilitation and sanctuary. They are our primary teachers in what Horses at Liberty means for human beings. Karuna works in the greater community with sanctuaries, animal advocates, forever families and local businesses who share our core belief that horses deserve a compassionate, natural environment and a life with dignity.

990 for the year ended December 31, 2024

Program accomplishments

  • During 2024, Karuna rescued one horse from neglect. This horse, plus the 21 additional received extensive medical care and rehabilitation, both physical and emotional. The organization accomplishes its mission through the all-volunteer effort of the board of directors and thirty community members. Karuna continues to care for an additional four horses through sponsorship and expense reimbursement at a permanent horse sanctuary in Northern California, where the rescued animals continue in rehabilitation.
    Expenses $141,831

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
82-1485919
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Animal-related (D20)
Assets (IRS master file)
$274,369
Income (IRS master file)
$267,673

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$261,665$154,283$274,369XML
990-EZDecember 2023$145,947$125,408$158,351XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-N for 2018
Officer: Paul Kratzer
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-1485919).

Questions about KARUNA HORSE RESCUE INC

What is the EIN of KARUNA HORSE RESCUE INC?
The employer identification number (EIN) of KARUNA HORSE RESCUE INC is 82-1485919.
Is KARUNA HORSE RESCUE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to KARUNA HORSE RESCUE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KARUNA HORSE RESCUE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KARUNA HORSE RESCUE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KARUNA HORSE RESCUE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KARUNA HORSE RESCUE INC?
The 990 for the year ended December 31, 2024 names Paul Kratzer.
Who are the officers and directors of KARUNA HORSE RESCUE INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KARUNA HORSE RESCUE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $261,665, expenses of $154,283 and total assets of $274,369 at year end.

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