Albany Therapeutic Riding Center Inc

Analysis

Albany Therapeutic Riding Center Inc is a registered charity in United States, based in Slingerlands, NY. It received its IRS tax-exemption ruling in April 1985, 41 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 2022, Albany Therapeutic Riding Center Inc reported income of $243k and spending of $232k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $103k to $243k (+135%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Albany Therapeutic Riding Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Fields to Families ($243k), Africulture ($243k) and Hope to Home Furniture Resource ($243k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $57k (25% of expenses). Other salaries and wages came to $68k. At year end it held assets of $1.6m against liabilities of $504k, net assets of $1.1m. It reported 5 employees.