Giant Steps Therapeutic Equestrian Center Inc

Analysis

Giant Steps Therapeutic Equestrian Center Inc is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in August 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Giant Steps Therapeutic Equestrian Center Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.3m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 121%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Giant Steps Therapeutic Equestrian Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Sanford Health Foundation West ($1.3m), Foreign Affairs Recreation Association ($1.3m) and Coalition for Headache and Migraine Patients ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $78k (6.2% of expenses). Other salaries and wages came to $497k. At year end it held assets of $3.7m against liabilities of $174k, net assets of $3.5m. It reported 17 employees.