Fieldstone Farm Therapeutic Riding Center

Analysis

Fieldstone Farm Therapeutic Riding Center is a registered charity in United States, based in Chagrin Falls, OH. It received its IRS tax-exemption ruling in April 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fieldstone Farm Therapeutic Riding Center reported income of $2.9m and spending of $2.5m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.9m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fieldstone Farm Therapeutic Riding Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Five Towns Community Center ($2.9m), United Way of Kershaw County ($2.9m) and Creutzfeldt-Jakob Disease Foundation Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $191k (7.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.0m against liabilities of $101k, net assets of $3.9m. It reported 55 employees.