Spirithorse Therapeutic Riding Center

Analysis

Spirithorse Therapeutic Riding Center is a registered charity in United States, based in Tunnel Hill, GA. It received its IRS tax-exemption ruling in December 2009, 17 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, Spirithorse Therapeutic Riding Center reported income of $147k and spending of $157k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $455k to $147k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spirithorse Therapeutic Riding Center sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Academy for Grassroots Organizations ($147k), Zoll Therapy and Wellness Professional Corporation ($147k) and HST Ministries Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. At year end it held assets of $429k against liabilities of $99k, net assets of $330k.