Colorado Springs Therapeutic Riding Center

Analysis

Colorado Springs Therapeutic Riding Center is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in April 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 2023, Colorado Springs Therapeutic Riding Center reported income of $408k and spending of $351k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $408k (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 35%. 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, Colorado Springs Therapeutic Riding Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Sober Solutions ($408k), Community Support Systems Inc ($408k) and Victory Family Outreach Ministries ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 62% of the total. Other salaries and wages came to $152k. At year end it held assets of $228k against liabilities of $18k, net assets of $210k. It reported 6 employees.