Upside Therapeutic Riding Inc

Analysis

Upside Therapeutic Riding Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 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, Upside Therapeutic Riding Inc reported income of $77k and spending of $102k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $77k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 119% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upside Therapeutic Riding Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KY. Charities of a similar size with the same main cause include American Society of Cebu Institute of Medicine Alumni Inc ($77k), Washington Area Afg ($77k) and United Regional Health Care System Auxiliary ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $88k, net assets of -$72k.