Heartland Equine Therapeutic Riding Academy Inc

Analysis

Heartland Equine Therapeutic Riding Academy Inc is a registered charity in United States, based in Gretna, NE. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heartland Equine Therapeutic Riding Academy Inc reported income of $1.7m and spending of $1.8m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $983k to $1.7m (+72%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heartland Equine Therapeutic Riding Academy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NE. Charities of a similar size with the same main cause include The Foundation of Laguna Woods Village ($1.7m), Hope for New Haven Inc ($1.7m) and Communities Together Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $230k, net assets of $1.2m. It reported 48 employees.