Emerald M Therapeutic Riding Center Inc

Analysis

Emerald M Therapeutic Riding Center Inc is a registered charity in United States, based in Brooksville, FL. It received its IRS tax-exemption ruling in January 2017, 9 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, Emerald M Therapeutic Riding Center Inc reported income of $465k and spending of $292k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $263k to $465k (+77%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emerald M Therapeutic Riding Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Hamilton County Harvest Food Bank Inc ($465k), Mercer County Hispanic Association Inc ($465k) and Chevra USA ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $23k (7.9% of expenses). Other salaries and wages came to $106k. At year end it held assets of $592k against liabilities of $9,126, net assets of $583k.