Equine Assisted Therapy Andhandicapped Riding of New Jersey

Analysis

Equine Assisted Therapy Andhandicapped Riding of New Jersey is a registered charity in United States, based in Salem, NJ. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Equine Assisted Therapy Andhandicapped Riding of New Jersey reported income of $119k and spending of $129k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $181k to $119k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Equine Assisted Therapy Andhandicapped Riding of New Jersey sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Performing Arts Student Scholarship Inc ($119k), McBain Rural Agricultural School Foundation ($119k) and I4education ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. At year end it held assets of $119k against liabilities of $129k, net assets of -$10k.