Center for Therapeutic Riding of the East End Inc

Analysis

Center for Therapeutic Riding of the East End Inc is a registered charity in United States, based in Bridgehampton, NY. It received its IRS tax-exemption ruling in August 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, Center for Therapeutic Riding of the East End Inc reported income of $247k and spending of $313k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $218k to $247k (+13%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Therapeutic Riding of the East End Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Peterson Foundation for Parkinsons ($247k), Adaptive Physical Education ($247k) and Downeast Horizons Foundation ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 6.4% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k. It reported 16 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.