Special Equestrians of the Treasure Coast Inc

Analysis

Special Equestrians of the Treasure Coast Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Special Equestrians of the Treasure Coast Inc reported income of $350k and spending of $205k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $542k to $350k (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Equestrians of the Treasure Coast Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include The Nonprofit Resource Center ($350k), White County United Way Inc ($350k) and Eldercare Lake County ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 1.7% of the total. Other salaries and wages came to $56k. At year end it held assets of $943k against liabilities of $0, net assets of $943k. It reported 3 employees.