Texas Therapeutic Riding Center

Analysis

Texas Therapeutic Riding Center is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Texas Therapeutic Riding Center reported income of $237k and spending of $251k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $201k to $237k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Texas Therapeutic Riding Center 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 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Hoof and Souls ($237k), Imagine Furever Ranch Limited ($237k) and Rezq Dogs ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $65k (26% of expenses). At year end it held assets of $35k against liabilities of -$111, net assets of $35k. It reported 4 employees.