Heart of Texas Therapeutic Riding Center Inc

Analysis

Heart of Texas Therapeutic Riding Center Inc is a registered charity in United States, based in West, TX. It received its IRS tax-exemption ruling in October 2001, 25 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, Heart of Texas Therapeutic Riding Center Inc reported income of $148k and spending of $160k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $148k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heart of Texas Therapeutic Riding Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Middleburgh Emergency Volunteer Ambulance Corps Inc ($148k), 22 Jumps ($148k) and Ronald G Michels Fellowship Foundation Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 57% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.