Horsepower Therapeutic Riding

Analysis

Horsepower Therapeutic Riding is a registered charity in United States, based in Saint Charles, IL. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Horsepower Therapeutic Riding reported income of $398k and spending of $338k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $398k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horsepower Therapeutic Riding sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Jenkins County Family Enrichment Center Inc ($398k), Youth Violence Prevention Council of Shasta County ($398k) and Pawsitive Friendships ($398k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. Other salaries and wages came to $176k. At year end it held assets of $378k against liabilities of $15k, net assets of $364k. It reported 10 employees.