Buffalo Therapeutic Riding Center Inc

Analysis

Buffalo Therapeutic Riding Center Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buffalo Therapeutic Riding Center Inc reported income of $1.3m and spending of $910k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $716k to $1.3m (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 89%. 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, Buffalo Therapeutic Riding Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include CRRC of Canyon Lake Inc ($1.3m), Utah High School Hockey Inc ($1.3m) and Shooting Touch ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $68k (7.4% of expenses). Other salaries and wages came to $99k. At year end it held assets of $2.0m against liabilities of $115k, net assets of $1.9m. It reported 25 employees.