National Riding Stables Horse Rescue
Analysis
National Riding Stables Horse Rescue is a registered charity in United States, based in Gettysburg, PA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, National Riding Stables Horse Rescue reported income of $215k and spending of $240k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $215k (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 105% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, National Riding Stables Horse Rescue sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Spartan Boxing Club ($215k), Spark Newton Corporation Dba Spark Newton ($216k) and Siy Soccer League Inc ($215k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Other salaries and wages came to $55k. At year end it held assets of $34k against liabilities of $66k, net assets of -$32k. It reported 17 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 58%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Spartan Boxing Club | Medford | $215k |
| Spark Newton Corporation Dba Spark Newton | Newton Center | $216k |
| Siy Soccer League Inc | Staten Island | $215k |
| Henderson Flag Football League | Henderson | $216k |