Rocky Mountain Riding Therapy

Analysis

Rocky Mountain Riding Therapy is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Rocky Mountain Riding Therapy reported income of $190k and spending of $206k, spending 108% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $234k to $190k (-19%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rocky Mountain Riding Therapy 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 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Aspen Junior Golf Foundation Inc ($190k), Discover Dressage Inc ($190k) and West Covina Youth Pony Baseball ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.