Morning Dove Therapeutic Riding Inc

Analysis

Morning Dove Therapeutic Riding Inc is a registered charity in United States, based in Zionsville, IN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Morning Dove Therapeutic Riding Inc reported income of $254k and spending of $380k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $305k to $254k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 133% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morning Dove Therapeutic Riding Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Heart to Home Learning ($254k), Parent Child Center Inc ($254k) and Friends of the Topeka and Shawnee County Public Library Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $74k (19% of expenses). Other salaries and wages came to $69k. At year end it held assets of $538k against liabilities of $159k, net assets of $379k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.