Queen of Hearts Therapeutic Riding Center Inc

Analysis

Queen of Hearts Therapeutic Riding Center Inc is a registered charity in United States, based in Jurupa Valley, CA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Queen of Hearts Therapeutic Riding Center Inc reported income of $145k and spending of $158k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $145k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Queen of Hearts Therapeutic Riding Center 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 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Maximizing Stewardship Inc ($145k), Tulsa Warbirds Foundation Inc ($145k) and New Hope Community Development Group ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 46% of the total. At year end it held assets of $6,833 against liabilities of $0, net assets of $6,833.