Eos Therapeutic Riding Center

Analysis

Eos Therapeutic Riding Center is a registered charity in United States, based in Bloomsburg, PA. It received its IRS tax-exemption ruling in November 1993, 33 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, Eos Therapeutic Riding Center reported income of $282k and spending of $303k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $282k (+30%), an average of +6.8% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eos Therapeutic Riding Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Company of Dance Arts ($282k), Mondak Historical & Art Society ($282k) and Volunteers of America Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $49k (16% of expenses). Other salaries and wages came to $90k. At year end it held assets of $187k against liabilities of $37k, net assets of $149k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.