Buckboard Therapeutic Riding Academy

Analysis

Buckboard Therapeutic Riding Academy is a registered charity in United States, based in Gering, NE. It received its IRS tax-exemption ruling in December 2000, 26 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, Buckboard Therapeutic Riding Academy reported income of $60k and spending of $63k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $106k to $60k (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Buckboard Therapeutic Riding Academy sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within NE. Charities of a similar size with the same main cause include Winchester Area Churches & Community Food Pantry ($60k), Society of St Vincent de Paul Council of Northern Kentucky ($60k) and Friends of Santa Claus Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.0% of the total. Other salaries and wages came to $21k. At year end it held assets of $440k against liabilities of $456, net assets of $439k. It reported 4 employees.