Whispering Manes Therapeutic Riding Center Inc

Analysis

Whispering Manes Therapeutic Riding Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 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 June 2023, Whispering Manes Therapeutic Riding Center Inc reported income of $577k and spending of $551k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $489k to $577k (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Whispering Manes Therapeutic Riding Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Lutheran Day Nursery Association of Chicago ($577k), St Sebastian Conference of St Vince NT de Paul Society Inc ($577k) and NHN ($577k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $127k (23% of expenses). Other salaries and wages came to $149k. At year end it held assets of $3.2m against liabilities of $12k, net assets of $3.2m. It reported 7 employees.