Rose of Sharon Equestrian School Inc

Analysis

Rose of Sharon Equestrian School Inc is a registered charity in United States, based in Glen Arm, MD. It received its IRS tax-exemption ruling in August 1998, 28 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 December 2023, Rose of Sharon Equestrian School Inc reported income of $147k and spending of $193k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $174k to $147k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rose of Sharon Equestrian School Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Iowa Lawyers Assistance Program ($147k), Lords Pantry at Annas House Inc ($147k) and Children of Peace International ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $42k (22% of expenses). Other salaries and wages came to $33k. At year end it held assets of $333k against liabilities of $121k, net assets of $212k. It reported 6 employees.