Bethanys Equine and Aquatic Therapy Services Inc

Analysis

Bethanys Equine and Aquatic Therapy Services Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Bethanys Equine and Aquatic Therapy Services Inc reported income of $355k and spending of $346k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $330k to $355k (+7.6%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bethanys Equine and Aquatic Therapy Services Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include We Are One World Foundation Inc ($355k), Lazy Bear Fund Inc ($355k) and RSM Boston Foundation Inc ($355k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 22% and program service revenue 77% of the total. Other salaries and wages came to $68k. At year end it held assets of $218k against liabilities of $61k, net assets of $157k. It reported 1 employees.