Appalachian Therapeutic Riding Center

Analysis

Appalachian Therapeutic Riding Center is a registered charity in United States, based in Burnsville, NC. It received its IRS tax-exemption ruling in July 1990, 36 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, Appalachian Therapeutic Riding Center reported income of $117k and spending of $98k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $117k (-2.3%), an average of -2.3% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Appalachian Therapeutic Riding Center sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Historic Desoto Foundation ($117k), Louisiana Partnership for Children and Families ($117k) and Providence Hospital Auxiliary Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $44k (45% of expenses). At year end it held assets of $527k against liabilities of $14, net assets of $527k. It reported 1 employees.