Freedom Hooves Therapeutic Riding Center Inc

Analysis

Freedom Hooves Therapeutic Riding Center Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in April 2000, 26 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, Freedom Hooves Therapeutic Riding Center Inc reported income of $486k and spending of $354k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $486k (+137%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Freedom Hooves Therapeutic Riding Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within KS. Charities of a similar size with the same main cause include Recovery Avenue ($486k), Northern Garrett County Rescue Squad Inc ($486k) and Ophthalmic World Leaders ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $52k (15% of expenses). Other salaries and wages came to $78k. It paid $75k in professional fundraising fees. At year end it held assets of $460k against liabilities of $3,069, net assets of $457k. It reported 5 employees.