Heartland Therapeutic Riding Inc

Analysis

Heartland Therapeutic Riding Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Heartland Therapeutic Riding Inc reported income of $603k and spending of $589k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $519k to $603k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2021, when income rose by 75%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heartland Therapeutic Riding Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within KS. Charities of a similar size with the same main cause include Holly City Family Center a NJ Domestic Non-Profit Corporation ($603k), Santa Barbara Showgrounds Foundation ($603k) and Johnston Urbandale Soccer Club LLC ($603k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 16% of the total. Other salaries and wages came to $310k. At year end it held assets of $2.7m against liabilities of $18k, net assets of $2.7m. It reported 10 employees.