Reins of Grace Therapeutic Riding Center Inc
Analysis
Reins of Grace Therapeutic Riding Center Inc is a registered charity in United States, based in Sheridan, IN. It received its IRS tax-exemption ruling in July 2014, 12 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, Reins of Grace Therapeutic Riding Center Inc reported income of $160k and spending of $120k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $203k to $160k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 76% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reins of Grace Therapeutic Riding Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Willow Womens Center ($160k), Missouri Bar Foundation ($160k) and Memphis Union Mission Support Corporation ($160k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 3.2% of the total. At year end it held assets of $178k against liabilities of $74, net assets of $178k.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 3.2%
- Other 7.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Willow Womens Center | Hermitage | $160k |
| Missouri Bar Foundation | Jefferson Cty | $160k |
| Memphis Union Mission Support Corporation | Memphis | $160k |
| Kendal on Hudson Residents Association | Sleepy Hollow | $160k |