Victory Hill Therapeutic Horsemanship Inc

Analysis

Victory Hill Therapeutic Horsemanship Inc is a registered charity in United States, based in Port Jervis, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, Victory Hill Therapeutic Horsemanship Inc reported income of $224k and spending of $164k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $224k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Victory Hill Therapeutic Horsemanship Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Solace Charities Inc ($224k), Ready Set Grow Inc ($224k) and Ministries of Pastoral Care ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $48k (29% of expenses). Other salaries and wages came to $43k. At year end it held assets of $101k against liabilities of $0, net assets of $101k. It reported 6 employees.