Mission
TO ENCOURAGE, PROMOTE, PROTECT AND IMPROVE THE HORSE BREEDING INDUSTRY IN MARYLAND. WHILE THE EMPHASIS HAS BEEN PLACED ON THE PRODUCTION OF THOROUGHBRED RACE HORSES, THE MHBA ENCOURAGES ALL SPORTS RELATING TO THE USE OF THE HORSE.
MARYLAND HORSE BREEDERS ASSOCIATION INC, of REISTERSTOWN, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.8M in revenue, $1.9M in expenses, $3.0M in total assets. IRS filings disclose 15 grants awarded by this foundation, totaling roughly $336K.
TO ENCOURAGE, PROMOTE, PROTECT AND IMPROVE THE HORSE BREEDING INDUSTRY IN MARYLAND. WHILE THE EMPHASIS HAS BEEN PLACED ON THE PRODUCTION OF THOROUGHBRED RACE HORSES, THE MHBA ENCOURAGES ALL SPORTS RELATING TO THE USE OF THE HORSE.
How Maryland Horse Breeders Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 15 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.8M | $1.9M | $3.0M |
| 2024 | $2.2M | $2.0M | $3.1M |
| 2023 | $2.2M | $1.9M | $3.3M |
| 2022 | $2.2M | $1.8M | $3.0M |
| 2021 | $1.6M | $1.6M | $2.9M |
Between 2021 and 2025, reported annual revenue grew from $1.6M to $1.8M (+12%), with total assets most recently reported at $3.0M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in MD.
Full geographic grant map with state-by-state breakdown available with membership.