Public Charity

MARYLAND THOROUGHBRED HORSEMEN'S ASSOCIATION INC

MARYLAND THOROUGHBRED HORSEMEN'S ASSOCIATION INC is a private foundation categorized as Public Charity based in OWINGS MILLS, MD. Its most recent IRS filing (2025) reports revenue of $1.6M, expenses of $1.7M, total assets of $1.8M. Imperigo tracks 4 reported grants from this foundation totaling approximately $120K.

EIN: 521493207 OWINGS MILLS, MD Latest filing: 2025
Total Revenue$1.6M
Total Expenses$1.7M
Total Assets$1.8M
Grants Given4
Grant Total$120K
Filing Years2020–2025

Mission

ORGANIZED TO PROMOTE THE INTEREST OF THOROUGHBRED RACING IN MARYLAND AND TO REPRESENT ALL HORSEMEN'S INTERESTS AND PROPERTY RIGHTS IN DEALING WITH VARIOUS RACING ASSOCIATIONS, THE RACING COMMISSION, AND THE STATE LEGISLATUTE.

Where $100 goes at Maryland Thoroughbred Horsemen's Association Inc

How Maryland Thoroughbred Horsemen's 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

$50
To work for the imrovement of business conditions of thoroughbred horsemen and their employees, to work for the improvement of the thoroughbred industry and those persons engaged therein
50% of program spending
$50
To work for the imrovement of business conditions of thoroughbred horsemen and their employees, to work for the improvement of the thoroughbred industry and those persons engaged therein
50% of program spending
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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.

Officers & Directors

SECRETARY A Ferris Allen
DIRECTOR Brittany T Russel
DIRECTOR Charles J Reed
DIRECTOR David Hayden
EXECUTIVE DI David Richardson
DIRECTOR David Wade

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$120,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.6M $1.7M $1.8M
2024 $1.7M $1.9M $1.9M
2023 $1.8M $1.8M $2.0M
2022 $1.8M $1.8M $1.8M
2020 $1.2M $1.4M $1.7M

Between 2020 and 2025, reported annual revenue grew from $1.2M to $1.6M (+29%), with total assets most recently reported at $1.8M.

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 THOROUGHBRED HORSEMEN'S ASSOCIATION INC

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