Reach Therapeutic Riding Center

Analysis

Reach Therapeutic Riding Center is a registered charity in United States, based in McGregor, TX. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Reach Therapeutic Riding Center reported income of $198k and spending of $177k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $237k to $198k (-17%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Reach Therapeutic Riding Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Friends of Otters ($198k), Lantana Wildcats Youth Football Association Inc ($198k) and Harrison Heat a NJ Non-Profit Corporation ($198k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 77% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $39k (22% of expenses). Other salaries and wages came to $69k. At year end it held assets of $188k against liabilities of $1,899, net assets of $186k.