Ladawn Quarter Horses Therapeutic Riding Center

Analysis

Ladawn Quarter Horses Therapeutic Riding Center is a registered charity in United States, based in W Kennebunk, ME. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ladawn Quarter Horses Therapeutic Riding Center reported income of $99k and spending of $79k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $99k (-7.2%), an average of -7.2% a year. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ladawn Quarter Horses Therapeutic Riding Center sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 30th percentile within ME. Charities of a similar size with the same main cause include Church Women United ($99k), Washington Senior Citizens Center Board Inc ($99k) and Rotary International Mid South Pets ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 52% of the total. At year end it held assets of $171k against liabilities of $16k, net assets of $155k.