Therapeutic Horses of Saratoga Inc

Analysis

Therapeutic Horses of Saratoga Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Therapeutic Horses of Saratoga Inc reported income of $614k and spending of $636k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $341k to $614k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 108% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Therapeutic Horses of Saratoga Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Carthage Humane Society Incorporated ($613k), Carteret County Humane Society Inc ($614k) and Southern Colorado Spay & Neuter Association ($613k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 10.0% of the total. Other salaries and wages came to $273k. At year end it held assets of $394k against liabilities of $529k, net assets of -$135k. It reported 13 employees.