Reining Strength Therapeutic Horsemanship

Analysis

Reining Strength Therapeutic Horsemanship is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in December 2014, 12 years ago. 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, Reining Strength Therapeutic Horsemanship reported income of $864k and spending of $807k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $864k (+63%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reining Strength Therapeutic Horsemanship sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include American Piano Awards Inc ($864k), Dickson Valley Ministries ($864k) and The University of Fondwa USA Inc ($864k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 21% of the total. Other salaries and wages came to $433k. At year end it held assets of $567k against liabilities of $31k, net assets of $536k.