Mini Therapy Horses

Analysis

Mini Therapy Horses is a registered charity in United States, based in Calabasas, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Mini Therapy Horses reported income of $202k and spending of $263k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $202k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mini Therapy Horses sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Hillsborough County Anti-Drug Alliance Inc ($202k), Magical Meadows Inc ($202k) and Walhalla Ambulance Service ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. Other salaries and wages came to $89k. At year end it held assets of $315k against liabilities of $1,859, net assets of $313k. It reported 3 employees.