Loving Thunder Therapeutic Riding Inc

Analysis

Loving Thunder Therapeutic Riding Inc is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Loving Thunder Therapeutic Riding Inc reported income of $299k and spending of $362k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $299k (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 196%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Loving Thunder Therapeutic Riding Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NM. Charities of a similar size with the same main cause include Kcnq2 Cure Alliance Inc ($299k), Caldwell Council on Adolescent Health ($299k) and California Physician Alliance ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $47k (13% of expenses). Other salaries and wages came to $100k. At year end it held assets of $50k against liabilities of $154k, net assets of -$104k. It reported 12 employees.