Capital Area Therapeutic Riding Associaton

Analysis

Capital Area Therapeutic Riding Associaton is a registered charity in United States, based in Grantville, PA. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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 2023, Capital Area Therapeutic Riding Associaton reported income of $315k and spending of $358k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $315k (+26%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capital Area Therapeutic Riding Associaton sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Rescue Mission of the Cape Fear ($315k), Junior League of Gainesville- Hall County Inc ($315k) and Wickenburg Community Hospital Foundation Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $36k (10% of expenses). Other salaries and wages came to $44k. At year end it held assets of $146k against liabilities of $13k, net assets of $132k. It reported 3 employees.