Charleston Area Therapeutic Riding Inc

Analysis

Charleston Area Therapeutic Riding Inc is a registered charity in United States, based in Johns Island, SC. It received its IRS tax-exemption ruling in February 1992, 34 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 June 2024, Charleston Area Therapeutic Riding Inc reported income of $751k and spending of $742k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $642k to $751k (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charleston Area Therapeutic Riding Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Neighborhood Health Inc ($751k), Community Roots Midwife Collective Non Profit ($752k) and Harbor Hospice Foundation ($750k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 3.8% of the total. Other salaries and wages came to $422k. At year end it held assets of $2.0m against liabilities of $128k, net assets of $1.9m. It reported 24 employees.