Faith Equestrian Therapeutic Center Inc

Analysis

Faith Equestrian Therapeutic Center Inc is a registered charity in United States, based in Guyton, GA. It received its IRS tax-exemption ruling in July 2006, 20 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 2022, Faith Equestrian Therapeutic Center Inc reported income of $177k and spending of $246k, spending 139% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $334k to $177k (-47%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faith Equestrian Therapeutic Center Inc 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 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Cody Dieruf Benefit Foundation ($177k), Setauket Volunteer Firemans Benovlent Assoc Inc ($177k) and Ohio Academy of Family Physicians Foundation ($177k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 23% of the total. Other salaries and wages came to $111k. At year end it held assets of $401k against liabilities of $195k, net assets of $206k.