Cincinnati Therapeutic Riding and Horsemanship

Analysis

Cincinnati Therapeutic Riding and Horsemanship is a registered charity in United States, based in Milford, OH. It received its IRS tax-exemption ruling in May 1985, 41 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, Cincinnati Therapeutic Riding and Horsemanship reported income of $486k and spending of $435k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $486k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cincinnati Therapeutic Riding and Horsemanship sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Bemidji Community Arts Council Inc ($486k), Crime Stoppers of Metro Alabama Inc ($486k) and Mounds Senior Citizens Incorporated ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $49k (11% of expenses). Other salaries and wages came to $144k. At year end it held assets of $1.6m against liabilities of $177k, net assets of $1.4m. It reported 27 employees.