Sebastian Riding Associates Inc

Analysis

Sebastian Riding Associates Inc is a registered charity in United States, based in Collegeville, PA. It received its IRS tax-exemption ruling in September 1975, 51 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sebastian Riding Associates Inc reported income of $410k and spending of $405k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $402k to $410k (+1.9%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sebastian Riding Associates Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include MBP Helping Hands Inc ($410k), Logan County Agricultural Society ($410k) and United States Bowing Congress Inc ($410k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 38% of the total. Other salaries and wages came to $200k. At year end it held assets of $454k against liabilities of $1,543, net assets of $452k. It reported 17 employees.