Swiftsure Ranch Theraputic Equestrian Center Inc

Analysis

Swiftsure Ranch Theraputic Equestrian Center Inc is a registered charity in United States, based in Bellevue, ID. It received its IRS tax-exemption ruling in September 1993, 33 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, Swiftsure Ranch Theraputic Equestrian Center Inc reported income of $784k and spending of $993k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $763k to $784k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Swiftsure Ranch Theraputic Equestrian Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within ID. Charities of a similar size with the same main cause include Coalition of Tracy Citizens to Assist the Homeless ($784k), Helping Hand of Myrtle Beach Inc ($785k) and Woodside Daycare Center Inc ($784k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $29k (2.9% of expenses). Other salaries and wages came to $340k. At year end it held assets of $4.6m against liabilities of $193k, net assets of $4.4m. It reported 11 employees.