Discover Dressage Inc

Analysis

Discover Dressage Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in April 2017, 9 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 (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, Discover Dressage Inc reported income of $190k and spending of $185k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $239k to $190k (-21%), an average of -7.4% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Discover Dressage Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Rocky Mountain Riding Therapy ($190k), Utopia Park Board ($190k) and Aspen Junior Golf Foundation Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,375 against liabilities of $2,000, net assets of $5,375.