Trax Equestrian Center Inc

Analysis

Trax Equestrian Center Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Trax Equestrian Center Inc reported income of $63k and spending of $73k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $63k (-5.8%), an average of -5.8% a year. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trax Equestrian Center Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Independence House ($63k), Lower Northeast Neighborhoods Association ($63k) and Christmas Commandos ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1,042 against liabilities of $38k, net assets of -$36k.