Southern Delaware Therapeutic and Recreational Horseback Riding Inc

Analysis

Southern Delaware Therapeutic and Recreational Horseback Riding Inc is a registered charity in United States, based in Nassau, DE. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Delaware Therapeutic and Recreational Horseback Riding Inc reported income of $510k and spending of $386k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $525k to $510k (-3.0%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Delaware Therapeutic and Recreational Horseback Riding Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within DE. Charities of a similar size with the same main cause include Smartie Pants Academy Center Houston ($510k), Spectrum Thrift Store Inc ($510k) and Continuum Education and Therapy ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 8.5% of the total. Other salaries and wages came to $58k. At year end it held assets of $2.1m against liabilities of $562k, net assets of $1.6m. It reported 7 employees.