Public Charity

MARYLAND HORSE BREEDERS ASSOCIATION INC

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.

EIN: 520580070 REISTERSTOWN, MD Professional Societies & Associations NTEE: D03 Latest filing: 2025
Total Revenue$1.8M
Total Expenses$1.9M
Total Assets$3.0M
Grants Given15
Grant Total$336K
Filing Years2021–2025

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.

Where $100 goes at Maryland Horse Breeders Association Inc

How Maryland Horse Breeders Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$42
The Maryland Horse Breeders Association (mhba) utilizes publications as a means of promoting the horse industry and encouraging horse breeding and participation in horse sports
42% of program spending
$20
Mhba functions as an information resource for horse breeders and owners, the media, community and governmental organizations, and the general public
About 20% (cost not reported)
$19
Educational programs held for members and the general public to educate on topics relevant to the horse industry
About 19% (cost not reported)

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Sample Grants Given

REISTERSTOWN, MD · 2024
$50,000
OWINGS MILLS, MD · 2024
$30,000
RETIRED RACEHORSE PROJECT
EDGEWATER, MD · 2024
$12,000
OWINGS MILLS, MD · 2023
$30,000
OWINGS MILLS, MD · 2022
$30,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

DIRECTOR Amy Burk
DIRECTOR Brooke Bowman
DIRECTOR Charles Blanford
DIRECTOR Charles C Fenwck Jr
EXECUTIVE DI Cricket Goodall
DIRECTOR David Wade

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$335,843 15 grants

Financial Trends

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.

Grant Geography

Grants from this foundation were reported to recipients in MD.

MD

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for MARYLAND HORSE BREEDERS ASSOCIATION INC

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