Spirit Song Youth Equestrian Academy

Analysis

Spirit Song Youth Equestrian Academy is a registered charity in United States, based in Anna, TX. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Spirit Song Youth Equestrian Academy reported income of $268k and spending of $262k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $321k to $268k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spirit Song Youth Equestrian Academy sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Childrens Airway First Foundation ($267k), Calibrate a Non-Profit Corporation ($268k) and Emerge Center for Social and Emotional Learning ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $29k (11% of expenses). At year end it held assets of $12k against liabilities of $528k, net assets of -$516k. It reported 2 employees.