Marion Therapeutic Riding Association Inc

Analysis

Marion Therapeutic Riding Association Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in September 1987, 39 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 2022, Marion Therapeutic Riding Association Inc reported income of $618k and spending of $318k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $235k to $618k (+163%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 205%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marion Therapeutic Riding Association Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Telacu Housing-El Monte Inc ($618k), Seaford Historical Society ($618k) and Family Educators Alliance of South Texas ($618k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 76% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $33k (10% of expenses). Other salaries and wages came to $93k. At year end it held assets of $665k against liabilities of $46k, net assets of $619k. It reported 8 employees.