Equi-Kids Therapeutic Riding Program

Analysis

Equi-Kids Therapeutic Riding Program is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in February 1994, 32 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, Equi-Kids Therapeutic Riding Program reported income of $345k and spending of $331k, spending 96% of its income. Across the 6 years on record, from September 2019 to December 2023, income fell from $568k to $345k (-39%), an average of -9.5% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Equi-Kids Therapeutic Riding Program sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Minnesota Stroke Association ($345k), Dewitt Medical Foundation ($345k) and New York Downtown Hospital Chinese Comm Partnshp for Health FDN Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $24k (7.2% of expenses). At year end it held assets of $3.6m against liabilities of $329k, net assets of $3.2m. It reported 42 employees.