Northeast Florida Equestrian Society H O R S E Therapies Inc

Analysis

Northeast Florida Equestrian Society H O R S E Therapies Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Northeast Florida Equestrian Society H O R S E Therapies Inc reported income of $1.5m and spending of $1.6m, spending 109% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $794k to $1.5m (+83%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 79%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northeast Florida Equestrian Society H O R S E Therapies Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Socal-Elite Sports Inc ($1.4m), Nashville Aquatic Club ($1.5m) and Harbor Soccer Club ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 10.0% and program service revenue 90% of the total. Other salaries and wages came to $725k. At year end it held assets of $194k against liabilities of $94k, net assets of $100k. It reported 18 employees.