Spirithorse Therapeutic Riding Center

Analysis

Spirithorse Therapeutic Riding Center is a registered charity in United States, based in Copper Canyon, TX. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Spirithorse Therapeutic Riding Center reported income of $188k and spending of $140k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $147k to $188k (+27%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spirithorse Therapeutic Riding Center sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include College Station Rotary Club Charities ($188k), Association for Computational Learning ($188k) and Northside Grocery Inc ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.