Gaitway Therapeutic Horsemanship

Analysis

Gaitway Therapeutic Horsemanship is a registered charity in United States, based in Saint Gabriel, LA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Gaitway Therapeutic Horsemanship reported income of $327k and spending of $398k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $263k to $327k (+24%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gaitway Therapeutic Horsemanship sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include Women Crowned in Glory Corporation ($327k), Willow Street Fire Co ($327k) and Aidchild Inc ($327k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 72% and program service revenue 35% of the total. Other salaries and wages came to $194k. At year end it held assets of $332k against liabilities of $248k, net assets of $84k. It reported 26 employees.