Chaps Equine Assisted Services

Analysis

Chaps Equine Assisted Services is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Chaps Equine Assisted Services reported income of $291k and spending of $297k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $286k to $291k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chaps Equine Assisted Services sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WY. Charities of a similar size with the same main cause include Pastime with Purpose Inc ($291k), West Clermont Jr Wolves Youth Football and Cheerleading ($291k) and West Cobb Girls Softball Inc ($290k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 109% and program service revenue 2.4% of the total. Other salaries and wages came to $144k. At year end it held assets of $262k against liabilities of $2,931, net assets of $259k. It reported 7 employees.