Rising Stars Therapeutic Riding Center Inc
Analysis
Rising Stars Therapeutic Riding Center Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in February 2010, 16 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, Rising Stars Therapeutic Riding Center Inc reported income of $361k and spending of $332k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $547k to $361k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 76% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rising Stars Therapeutic Riding Center Inc 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 69th percentile within ID. Charities of a similar size with the same main cause include USA Early Child Care Center Inc ($361k), Access 2 Independence of the Eastern Iowa Corridor Inc ($361k) and Community Services Building Inc ($361k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.2m against liabilities of $53k, net assets of $1.2m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 72%
- Program services 6.9%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| USA Early Child Care Center Inc | Sebewaing | $361k |
| Access 2 Independence of the Eastern Iowa Corridor Inc | Iowa City | $361k |
| Community Services Building Inc | Norman | $361k |
| Weatherford Food & Resource Center Incorporated | Weatherford | $361k |