Gait Therapeutic Riding Center

Analysis

Gait Therapeutic Riding Center is a registered charity in United States, based in Milford, PA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gait Therapeutic Riding Center reported income of $209k and spending of $287k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $272k to $209k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gait Therapeutic Riding Center sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include North American Japanese Garden Association ($209k), Fort Plain Free Library ($209k) and Kennett After-School Association ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 30% of the total. Other salaries and wages came to $177k. At year end it held assets of $431k against liabilities of $13k, net assets of $418k. It reported 6 employees.