Ride for Joy Therapeutic Ridingprogram Inc

Analysis

Ride for Joy Therapeutic Ridingprogram Inc is a registered charity in United States, based in Caldwell, ID. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ride for Joy Therapeutic Ridingprogram Inc reported income of $194k and spending of $225k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $435k to $194k (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ride for Joy Therapeutic Ridingprogram Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within ID. Charities of a similar size with the same main cause include 4th Street Basement Boutique ($194k), Smyrna Charity Assistance Fund ($194k) and North East Seattle Together ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $40k (18% of expenses). Other salaries and wages came to $66k. At year end it held assets of $782k against liabilities of $2,706, net assets of $779k. It reported 13 employees.