Equine-Assisted Therapy Inc

Analysis

Equine-Assisted Therapy Inc is a registered charity in United States, based in Glencoe, MO. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Equine-Assisted Therapy Inc reported income of $536k and spending of $576k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $536k (+107%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Equine-Assisted Therapy Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include Orthopaedic Innovation Technology Center Inc ($536k), Nimml Institute Inc ($536k) and Heritage Valley-Upmc Multispecialty Group Inc ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $50k (8.7% of expenses). Other salaries and wages came to $70k. At year end it held assets of $1.6m against liabilities of $335k, net assets of $1.2m. It reported 5 employees.