Talisman Therapeutic Riding

Analysis

Talisman Therapeutic Riding is a registered charity in United States, based in Grasonville, MD. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover health care, 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, Talisman Therapeutic Riding reported income of $871k and spending of $598k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $514k to $871k (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Talisman Therapeutic Riding sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Noor Family Services Corporation ($870k), Mental Health Association of Franklin County ($871k) and National Student Speech and Hearing Association Inc ($870k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $73k (12% of expenses). Other salaries and wages came to $220k. At year end it held assets of $1.4m against liabilities of $790k, net assets of $561k. It reported 21 employees.