Specialized Equine Services and Theraputic Riding

Analysis

Specialized Equine Services and Theraputic Riding is a registered charity in United States, based in Marion, IL. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Specialized Equine Services and Theraputic Riding reported income of $226k and spending of $133k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $226k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Specialized Equine Services and Theraputic Riding sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Faouri Family Day Care Inc ($226k), South Central York County Senior Center Inc ($226k) and House of Mercy ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.