Therapeutic and Recreational Riding Center Inc

Analysis

Therapeutic and Recreational Riding Center Inc is a registered charity in United States, based in Glenwood, MD. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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, Therapeutic and Recreational Riding Center Inc reported income of $315k and spending of $312k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $315k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Therapeutic and Recreational Riding Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include South Texas Youth Soccer Association ($315k), Poulsbo Historical Society ($315k) and West Madison Polar Caps Youth Hockey Assn Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 46% of the total. Other salaries and wages came to $61k. At year end it held assets of $1.5m against liabilities of $698k, net assets of $755k. It reported 8 employees.