Triple H Equitherapy Center
Analysis
Triple H Equitherapy Center is a registered charity in United States, based in Lakehills, TX. It received its IRS tax-exemption ruling in June 1996, 30 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 2023, Triple H Equitherapy Center reported income of $490k and spending of $532k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $476k to $490k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 94% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Triple H Equitherapy Center sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Open Arts Alliance Inc ($490k), Culinary Hospitality Outreach and Wellness Inc ($490k) and Marsing Ambulance Service Inc ($490k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $155k. At year end it held assets of $299k against liabilities of $9,598, net assets of $289k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 9.7%
- Other 4.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Open Arts Alliance Inc | Greenwich | $490k |
| Culinary Hospitality Outreach and Wellness Inc | Broomfield | $490k |
| Marsing Ambulance Service Inc | Marsing | $490k |
| Mobile Clinical Services Inc | Salina | $490k |