Freedom Hills Therapeutic Riding Program Inc

Analysis

Freedom Hills Therapeutic Riding Program Inc is a registered charity in United States, based in Port Deposit, MD. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Freedom Hills Therapeutic Riding Program Inc reported income of $169k and spending of $167k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $169k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 122% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Freedom Hills Therapeutic Riding Program Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Pittsburgh Figure Skating Club ($169k), Beach Cities Soccer Referees Association ($169k) and Lutz Softball Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 12% of the total. At year end it held assets of $29k against liabilities of $8,513, net assets of $21k.