Southern Reins Center for Equine Therapy

Analysis

Southern Reins Center for Equine Therapy is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in December 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 (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, Southern Reins Center for Equine Therapy reported income of $725k and spending of $689k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $725k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southern Reins Center for Equine Therapy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Galia Recovery Homes ($725k), Bronx Health Link ($725k) and Northeast Louisiana Substance Abuse Inc ($725k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $123k (18% of expenses). At year end it held assets of $3.2m against liabilities of $34k, net assets of $3.1m. It reported 14 employees.