Pony Power Therapies Inc

Analysis

Pony Power Therapies Inc is a registered charity in United States, based in Mahwah, NJ. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Pony Power Therapies Inc reported income of $1.8m and spending of $2.1m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $1.8m (-23%), an average of -6.2% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pony Power Therapies Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Americas Mighty Warriors ($1.8m), Maple Lawn Homes Inc ($1.8m) and Northeast Dupage Family & Youth Services Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $117k (5.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $8.0m against liabilities of $178k, net assets of $7.9m. It reported 40 employees.