Shepard Meadows Equestrian Center Inc

Analysis

Shepard Meadows Equestrian Center Inc is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in October 2005, 21 years ago. 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 September 2023, Shepard Meadows Equestrian Center Inc reported income of $690k and spending of $414k, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $446k to $690k (+55%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 55%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shepard Meadows Equestrian Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include The Hudson Valley Writers Center Inc ($690k), Youth Life Foundation of Richmond ($691k) and Jewish Awareness Ministries ($690k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 14% of the total. Other salaries and wages came to $191k. At year end it held assets of $2.2m against liabilities of $488k, net assets of $1.7m. It reported 11 employees.