Solly Stable Riders Association

Analysis

Solly Stable Riders Association is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Solly Stable Riders Association reported income of $63k and spending of $72k, spending 115% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $78k to $63k (-20%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 107% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Solly Stable Riders Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Desert Paws ($63k), Herding Haven ($63k) and Sara-Bay Kennel Club Inc ($63k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. At year end it held assets of $4,875 against liabilities of $54k, net assets of -$49k.