Divine Equine Therapeutic Riding Center

Analysis

Divine Equine Therapeutic Riding Center is a registered charity in United States, based in Sherman, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Divine Equine Therapeutic Riding Center reported income of $104k and spending of $100k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $104k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Divine Equine 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 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Actt Naturally Inc ($104k), Allcatsrescue ($104k) and Hi 5 Dog Rescue Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 31% of the total. At year end it held assets of $144k against liabilities of $34k, net assets of $110k.