Cedar Creek Therapeutic Riding Center

Analysis

Cedar Creek Therapeutic Riding Center is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in December 1988, 38 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 August 2023, Cedar Creek Therapeutic Riding Center reported income of $269k and spending of $294k, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $236k to $269k (+14%), an average of +3.4% a year. The sharpest change came in the year to August 2021, when income rose by 74%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Creek Therapeutic Riding Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include The Nature Connection Inc ($269k), Henderson County United Way ($269k) and American Sokol Organization & Educational & Physical Culture Org ($269k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $81k (28% of expenses). Other salaries and wages came to $61k. At year end it held assets of $742k against liabilities of $18k, net assets of $723k. It reported 7 employees.