Dressage at Devon

Analysis

Dressage at Devon is a registered charity in United States, based in Downingtown, PA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 February 2023, Dressage at Devon reported income of $855k and spending of $889k, spending 104% of its income. Across the 3 years on record, from February 2020 to February 2023, income grew from $680k to $855k (+26%), an average of +12% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dressage at Devon sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Three Village Swim Club Inc ($855k), Cynisca Cycling Inc ($855k) and Greater Akron Fore Youth Devlpt Inc ($855k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $64k. At year end it held assets of $165k against liabilities of $46k, net assets of $119k.