The Right Path Riding Academy Incorporated

Analysis

The Right Path Riding Academy Incorporated is a registered charity in United States, based in Drumright, OK. It received its IRS tax-exemption ruling in November 1996, 30 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, The Right Path Riding Academy Incorporated reported income of $197k and spending of $215k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $197k (+2.2%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Right Path Riding Academy Incorporated sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within OK. Charities of a similar size with the same main cause include Nazareth Area Food Bank ($197k), Vijiji Projects USA ($197k) and Lindaben Foundation Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.9% of the total. Other salaries and wages came to $98k. At year end it held assets of $107k against liabilities of $1,451, net assets of $105k. It reported 11 employees.