Riding Centre Association

Analysis

Riding Centre Association is a registered charity in United States, based in Yellow SPGS, OH. It received its IRS tax-exemption ruling in February 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Riding Centre Association reported income of $365k and spending of $170k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $365k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riding Centre Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Brave Ready Inc ($365k), Omaha Westside Swim Club ($365k) and Friends of the Oudolf Garden ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $34k (20% of expenses). Other salaries and wages came to $45k. At year end it held assets of $599k against liabilities of $3,298, net assets of $596k. It reported 10 employees.