Shangri LA Therapeutic Academy of Riding Inc

Analysis

Shangri LA Therapeutic Academy of Riding Inc is a registered charity in United States, based in Burr Ridge, IL. It received its IRS tax-exemption ruling in August 1988, 38 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 December 2023, Shangri LA Therapeutic Academy of Riding Inc reported income of $1.0m and spending of $1.4m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $960k to $1.0m (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shangri LA Therapeutic Academy of Riding Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include FTD Disorders Registry LLC ($1.0m), Ronald McDonald House Charities of Amarillo Inc ($1.0m) and Consortium Information Services Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $174k (13% of expenses). Other salaries and wages came to $457k. At year end it held assets of $5.4m against liabilities of $88k, net assets of $5.3m. It reported 26 employees.