Reinbow Riding Ltd

Analysis

Reinbow Riding Ltd is a registered charity in United States, based in Shrewsbury, VT. It received its IRS tax-exemption ruling in August 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reinbow Riding Ltd reported income of $79k and spending of $68k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $79k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reinbow Riding Ltd 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 31st percentile, and in the 22nd percentile within VT. Charities of a similar size with the same main cause include Addison Anonymous Group Club ($79k), Frank J Veith International Society Inc ($79k) and Light and Life Mobile Ultrasound Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.2% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.