Therapeutic Riding Center of Huntington Beach Inc

Analysis

Therapeutic Riding Center of Huntington Beach Inc is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Therapeutic Riding Center of Huntington Beach Inc reported income of $428k and spending of $360k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $191k to $428k (+125%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Therapeutic Riding Center of Huntington Beach Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Story Book Lodge Christian Camp Inc ($428k), Big Brothers-Big Sisters of Rockland County Inc ($428k) and Whidbey Island Womens Clinic ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 48% of the total. At year end it held assets of $397k against liabilities of $28k, net assets of $369k.