Loudoun Therapeutic Riding Foundation Inc

Analysis

Loudoun Therapeutic Riding Foundation Inc is a registered charity in United States, based in Lovettsville, VA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Loudoun Therapeutic Riding Foundation Inc reported income of $689k and spending of $693k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $689k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Loudoun Therapeutic Riding Foundation Inc 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 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Sunrise Healthcare ($689k), Marlyn Behavioral Health Systemsinc ($689k) and Giving a Smile Foundation ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $50k (7.2% of expenses). Other salaries and wages came to $291k. At year end it held assets of $1.8m against liabilities of $1.0m, net assets of $778k. It reported 14 employees.