Blue Sky Therapeutic Riding and Respite

Analysis

Blue Sky Therapeutic Riding and Respite is a registered charity in United States, based in Aubrey, TX. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Blue Sky Therapeutic Riding and Respite reported income of $364k and spending of $289k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income fell from $446k to $364k (-18%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blue Sky Therapeutic Riding and Respite sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Build Missouri Health ($364k), I5458 Ministries Inc ($364k) and Simchas Mayer Fund Inc ($364k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 49% and program service revenue 25% of the total. Other salaries and wages came to $166k. At year end it held assets of $778k against liabilities of $46k, net assets of $732k. It reported 10 employees.