S P U R S Therapeutic Riding Center Inc

Analysis

S P U R S Therapeutic Riding Center Inc is a registered charity in United States, based in Aberdeen, SD. It received its IRS tax-exemption ruling in August 1992, 34 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, S P U R S Therapeutic Riding Center Inc reported income of $402k and spending of $273k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $402k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, S P U R S Therapeutic Riding Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within SD. Charities of a similar size with the same main cause include Neurtex Brain Research Institute Inc ($402k), Imoyase Community Support Services ($402k) and Upper Midwest Bleeding Disorders Al Liance ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $53k (19% of expenses). Other salaries and wages came to $96k. At year end it held assets of $1.0m against liabilities of $3,346, net assets of $1.0m. It reported 14 employees.