M a R E Riding Center

Analysis

M a R E Riding Center is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, M a R E Riding Center reported income of $598k and spending of $452k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $437k to $598k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, M a R E Riding Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include The Arc of Calhoun County ($598k), Gillam-Grant Communtiy Center Inc ($599k) and Lake Region Healthcare Foundation ($598k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $75k (17% of expenses). Other salaries and wages came to $137k. At year end it held assets of $2.0m against liabilities of $508k, net assets of $1.5m. It reported 11 employees.