Horses of Hope Riding Center

Analysis

Horses of Hope Riding Center is a registered charity in United States, based in Baxter SPGS, KS. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Horses of Hope Riding Center reported income of $224k and spending of $223k, spending 99% of its income. Across the 6 years on record, from December 2016 to December 2023, income grew from $192k to $224k (+16%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horses of Hope Riding Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KS. Charities of a similar size with the same main cause include Trade School at Sbe Inc ($224k), South Baldwin Educational Foundation Inc ($224k) and Iacc - Americas Learning Program Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $57k against liabilities of $20k, net assets of $37k.