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Saratoga Therapeutic Equestrian Program Inc

RegisteredEIN 14-1687066Glenville, NYAnimals
Income$193k2023-12
Spending$185ksame year
Spent / received104%5-year average
Size in its cause61st pctAnimals
Exempt since1987Publicly supported organisat
Employees2latest return

Analysis

Saratoga Therapeutic Equestrian Program Inc is a registered charity in United States, based in Glenville, NY. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Saratoga Therapeutic Equestrian Program Inc reported income of $193k and spending of $185k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $193k (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 104% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Saratoga Therapeutic Equestrian Program Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Demis Animal Rescue Inc ($193k), The Friends of the Shelter Inc ($193k) and S O S Animal Adoption Center ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 30% of the total. Other salaries and wages came to $52k. At year end it held assets of $113k against liabilities of $23k, net assets of $90k. It reported 2 employees.

Income and spending

$0$48k$97k$145k$193k2019 Income: $106,1332019 Spending: $111,78220192020 Income: $111,0842020 Spending: $109,05020202021 Income: $129,0672021 Spending: $126,48120212022 Income: $145,1372022 Spending: $177,87720222023 Income: $193,1292023 Spending: $185,1872023
IncomeSpending

Where the income comes from

  • Contributions & grants 72%
  • Program services 28%

Similar-sized charities, same cause

CharityLocationIncome
Demis Animal Rescue IncAurora$193k
The Friends of the Shelter IncClifton$193k
S O S Animal Adoption CenterEnterprise$193k
Fur & Feather Animal SanctuaryChatsworth$193k