Rideability Therapeutic Riding Center Inc

Analysis

Rideability Therapeutic Riding Center Inc is a registered charity in United States, based in Clover, SC. 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, Rideability Therapeutic Riding Center Inc reported income of $315k and spending of $254k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $315k (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rideability Therapeutic Riding Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Children of the World Inc ($315k), Harvest Food Pantry Inc ($315k) and Care Train of Union County ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $27k (11% of expenses). Other salaries and wages came to $36k. At year end it held assets of $651k against liabilities of $0, net assets of $651k. It reported 3 employees.