Free Rein Therapeutic Riding

Analysis

Free Rein Therapeutic Riding is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in April 2008, 18 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 December 2023, Free Rein Therapeutic Riding reported income of $346k and spending of $419k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $346k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free Rein Therapeutic Riding sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Boomerang Backpacks Inc ($345k), Village Project ($346k) and Empower Coalition Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 24% of the total. Other salaries and wages came to $237k. At year end it held assets of $282k against liabilities of $16k, net assets of $266k. It reported 11 employees.