Spirithorse Therapeutic Riding Center

Analysis

Spirithorse Therapeutic Riding Center is a registered charity in United States, based in Canton, CT. 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 $129k and spending of $132k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $129k (-0.8%), an average of -0.8% a year. Over the whole period it spent 104% 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 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Colorado Farm Bureau Foundation ($129k), Jones Harrison Foundation ($129k) and Out My Closet Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.