Riding Academy of NJ Inc

Analysis

Riding Academy of NJ Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Riding Academy of NJ Inc reported income of $254k and spending of $172k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $254k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riding Academy of NJ Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Infinity Christian Academy ($254k), Cedar Ridge High School Band Boosters ($255k) and Florida Council on Crime and Delinquency Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. At year end it held assets of $250k against liabilities of $14k, net assets of $235k.