Equine-Assisted Therapies of South Florida Inc

Analysis

Equine-Assisted Therapies of South Florida Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in October 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Equine-Assisted Therapies of South Florida Inc reported income of $676k and spending of $729k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $606k to $676k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2020, when income rose by 85%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Equine-Assisted Therapies of South Florida Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Southern Orthopaedic Association ($676k), Council for Agricultural Science and Technology ($676k) and Community Childrens Ministry ($676k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 10% of the total. Other salaries and wages came to $309k. At year end it held assets of $2.7m against liabilities of $86k, net assets of $2.6m. It reported 11 employees.