Agape Therapeutic Riding Resources Inc

Analysis

Agape Therapeutic Riding Resources Inc is a registered charity in United States, based in Cicero, IN. It received its IRS tax-exemption ruling in January 1987, 39 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, Agape Therapeutic Riding Resources Inc reported income of $3.8m and spending of $1.4m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.8m (+254%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 268%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agape Therapeutic Riding Resources Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Habitat for Humanity of Greater Dayton Inc ($3.8m), Boy Scouts of America ($3.8m) and Woodhall School Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $104k (7.6% of expenses). Other salaries and wages came to $615k. At year end it held assets of $7.5m against liabilities of $32k, net assets of $7.5m. It reported 24 employees.