Sprout Therapeutic Riding and Education Center

Analysis

Sprout Therapeutic Riding and Education Center is a registered charity in United States, based in Aldie, VA. It received its IRS tax-exemption ruling in December 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, Sprout Therapeutic Riding and Education Center reported income of $1.6m and spending of $1.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $645k to $1.6m (+145%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sprout Therapeutic Riding and Education Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include San Antonio Medical Foundation ($1.6m), Dudleys Place Inc ($1.6m) and Milkworks a Nebraska Nonprofit Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $124k (11% of expenses). At year end it held assets of $2.1m against liabilities of $7,850, net assets of $2.1m. It reported 21 employees.