Equine Therapy Inc

Analysis

Equine Therapy Inc is a registered charity in United States, based in Lihue, HI. It received its IRS tax-exemption ruling in January 2008, 18 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, Equine Therapy Inc reported income of $187k and spending of $251k, spending 134% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $329k to $187k (-43%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Equine Therapy Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within HI. Charities of a similar size with the same main cause include Central Illinois Riding Therapy Inc ($187k), Badger Childhood Cancer Network Inc ($187k) and Gopher State Roundup Inc ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 65% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.