Athelas Therapeutic Riding

Analysis

Athelas Therapeutic Riding is a registered charity in United States, based in Otego, NY. It received its IRS tax-exemption ruling in July 2011, 15 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, Athelas Therapeutic Riding reported income of $114k and spending of $66k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $114k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Athelas Therapeutic Riding sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Aish Seminars ($114k), Scheurer Hospital Foundation ($114k) and Dignity Group ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.