Spirithorse Therapeutic Riding Center

Analysis

Spirithorse Therapeutic Riding Center is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in December 2009, 17 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, Spirithorse Therapeutic Riding Center reported income of $156k and spending of $142k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $156k (-11%), an average of -11% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spirithorse Therapeutic Riding Center sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Band of Brothers Prison Ministry Inc ($156k), Matsu Council on Aging ($156k) and Maranatha Home Society ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $156k against liabilities of $98k, net assets of $57k.