Cheff Therapeutic Riding Center

Analysis

Cheff Therapeutic Riding Center is a registered charity in United States, based in Augusta, MI. It received its IRS tax-exemption ruling in May 1959, 67 years ago. 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, Cheff Therapeutic Riding Center reported income of $978k and spending of $931k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $620k to $978k (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 240%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cheff Therapeutic Riding Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include United Way of Etowah County Alabama Inc ($978k), 10000 Years Institute ($978k) and Hershey Christian Academy ($978k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $92k (9.8% of expenses). Other salaries and wages came to $375k. At year end it held assets of $7.0m against liabilities of $36k, net assets of $6.9m. It reported 13 employees.