Stepping Stones Riding Program

Analysis

Stepping Stones Riding Program is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Stepping Stones Riding Program reported income of $134k and spending of $160k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $134k (-2.9%), an average of -2.9% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stepping Stones Riding Program sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Independence High School Education Foundation ($134k), Warren Sports Boosters Inc ($134k) and Midcoast Senior College ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $41k against liabilities of $931, net assets of $40k.