Reins of Hope Therapeutic

Analysis

Reins of Hope Therapeutic is a registered charity in United States, based in Hutchinson, KS. It received its IRS tax-exemption ruling in July 2015, 11 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, Reins of Hope Therapeutic reported income of $99k and spending of $78k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $209k to $99k (-53%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reins of Hope Therapeutic sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within KS. Charities of a similar size with the same main cause include Karl Potach Foundation ($99k), Rivendell Homes Inc ($99k) and The Glaucoma Education & Research Fund Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 9.2% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.