Back in the Saddle Equine Therapy Center
Analysis
Back in the Saddle Equine Therapy Center is a registered charity in United States, based in Warner, NH. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Back in the Saddle Equine Therapy Center reported income of $423k and spending of $400k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $196k to $423k (+116%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Back in the Saddle Equine Therapy Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within NH. Charities of a similar size with the same main cause include Diamante Montessori School ($423k), Nishmat Adin ($423k) and Yeshivas Beis Ahron Inc ($423k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $59k (15% of expenses). Other salaries and wages came to $136k. At year end it held assets of $91k against liabilities of $139k, net assets of -$48k. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 60%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Diamante Montessori School | Glen Ellyn | $423k |
| Nishmat Adin | Scottsdale | $423k |
| Yeshivas Beis Ahron Inc | N Miami Beach | $423k |
| Elevate Atlanta Inc | Atlanta | $423k |