Greenlock Therapeutic Riding Center Inc

Analysis

Greenlock Therapeutic Riding Center Inc is a registered charity in United States, based in Rehoboth, MA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Greenlock Therapeutic Riding Center Inc reported income of $327k and spending of $288k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $327k (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greenlock Therapeutic Riding Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Northfield Union of Youth Inc ($327k), Cheer Force Athletics ($327k) and Jordan Plaza III Incorporated ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 53% of the total. Other salaries and wages came to $116k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 4 employees.