Horses Adaptive Riding and Therapy

Analysis

Horses Adaptive Riding and Therapy is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2023, Horses Adaptive Riding and Therapy reported income of $342k and spending of $159k, leaving 54% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $124k to $342k (+177%), an average of +177% a year. The sharpest change came in the year to June 2023, when income rose by 177%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horses Adaptive Riding and Therapy sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Onyx Foundation Inc ($342k), Rural Health Care Initiative ($343k) and St Lukes Lutheran Health Ministries Inc ($342k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 13% of the total. Other salaries and wages came to $64k. At year end it held assets of $811k against liabilities of $652k, net assets of $159k. It reported 8 employees.