Miracles Therapeutic Riding Center

Analysis

Miracles Therapeutic Riding Center is a registered charity in United States, based in Thornton, CO. It received its IRS tax-exemption ruling in July 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miracles Therapeutic Riding Center reported income of $147k and spending of $154k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $147k (+11%), an average of +11% a year. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Miracles Therapeutic Riding Center sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Amazing Grace Advocacy ($147k), Futures Foundation ($147k) and Life Choices Chickasha Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 67% of the total. At year end it held assets of $6,855 against liabilities of $23k, net assets of -$16k.