Vinceremos Riding Center Inc

Analysis

Vinceremos Riding Center Inc is a registered charity in United States, based in Loxahatchee, FL. It received its IRS tax-exemption ruling in August 1983, 43 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, Vinceremos Riding Center Inc reported income of $1.6m and spending of $1.8m, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.6m (+38%), an average of +6.6% a year. The sharpest change came in the year to June 2020, when income rose by 66%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vinceremos Riding Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Health Access Inc ($1.6m), Complex Care Medical Services Corporation ($1.6m) and John Randolph Foundation Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 13% of the total. Other salaries and wages came to $797k. At year end it held assets of $3.0m against liabilities of $64k, net assets of $2.9m. It reported 22 employees.