Rainbow Farms Mississippi Therapeutic Riding Center for the

Analysis

Rainbow Farms Mississippi Therapeutic Riding Center for the is a registered charity in United States, based in Vicksburg, MS. It received its IRS tax-exemption ruling in January 1991, 35 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, Rainbow Farms Mississippi Therapeutic Riding Center for the reported income of $125k and spending of $159k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $125k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rainbow Farms Mississippi Therapeutic Riding Center for the sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within MS. Charities of a similar size with the same main cause include Maison Center ($125k), Yankton Food for Thought ($125k) and Memphis Scottish Rite FDN Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $33k (21% of expenses). At year end it held assets of $128k against liabilities of $129k, net assets of -$1,532. It reported 1 employees.