Suncatcher Therapeutic Riding Academy Inc

Analysis

Suncatcher Therapeutic Riding Academy Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Suncatcher Therapeutic Riding Academy Inc reported income of $150k and spending of $131k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $150k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Suncatcher Therapeutic Riding Academy Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within SD. Charities of a similar size with the same main cause include Elwood Athletic Club ($150k), Windy City Rollers Non-Profit Inc ($150k) and Middlesex County Community Park Corporation ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 20% of the total. At year end it held assets of $58k against liabilities of $6,516, net assets of $51k.