Greater New Orleans Therapeutic Riding Center Inc

Analysis

Greater New Orleans Therapeutic Riding Center Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater New Orleans Therapeutic Riding Center Inc reported income of $64k and spending of $58k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $117k to $64k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater New Orleans Therapeutic Riding Center Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within LA. Charities of a similar size with the same main cause include Five Stone Holdings a NJ Nonprofit Corporation ($64k), Cancer Nutrition Consortium Inc ($64k) and Worldwide Marriage Encounter Section 19 Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $16k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.