Nestldown Therapeutic Riding Center

Analysis

Nestldown Therapeutic Riding Center is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in May 2009, 17 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, Nestldown Therapeutic Riding Center reported income of $90k and spending of $353k, spending 391% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $283k to $90k (-68%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 50%. Over the whole period it spent 137% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nestldown Therapeutic Riding Center sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Lead-Up International ($90k), Centro Comunitario Scalabrini Inc ($90k) and Blaze of Hope ($90k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 347% and program service revenue 37% of the total. Other salaries and wages came to $150k. At year end it held assets of $151k against liabilities of $39k, net assets of $112k.