Locust Lane Riding Center Inc

Analysis

Locust Lane Riding Center Inc is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in April 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Locust Lane Riding Center Inc reported income of $141k and spending of $69k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $141k (+66%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 65% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Locust Lane Riding Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Midwest Baseball Academy - Cyclones ($141k), Pasadena Japanese Athletic Association ($141k) and Little League Baseball Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.