Spirithorse Therapeutic Riding Center

Analysis

Spirithorse Therapeutic Riding Center is a registered charity in United States, based in Kingsburg, 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 $284k and spending of $297k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $308k to $284k (-7.7%), an average of -3.9% a year. Over the whole period it spent 94% 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 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Clinton Central School District Foundation ($284k), North Arkansas Senior Housing of Bull Shoals and Gravette Inc ($284k) and Mat-Su Valley Interfaith Hospitality Network ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $82k. At year end it held assets of $57k against liabilities of $9,957, net assets of $47k. It reported 12 employees.