Open My World Therapeutic Riding Center Inc

Analysis

Open My World Therapeutic Riding Center Inc is a registered charity in United States, based in Leander, TX. It received its IRS tax-exemption ruling in March 2009, 17 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 2022, Open My World Therapeutic Riding Center Inc reported income of $145k and spending of $154k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $148k to $145k (-1.9%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Open My World Therapeutic Riding Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Magdalenes Inc ($145k), Riding for the Handicapped of Western Pa Inc ($145k) and Boulder Alano Club ($145k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 72% and program service revenue 29% of the total. At year end it held assets of $101k against liabilities of $4,199, net assets of $97k.