Therapeutic Riding of Tucson Inc

Analysis

Therapeutic Riding of Tucson Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in June 1977, 49 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 June 2022, Therapeutic Riding of Tucson Inc reported income of $1.0m and spending of $1000k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $552k to $1.0m (+84%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 75%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Therapeutic Riding of Tucson Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include Friends of the Kiddie Park ($1.0m), City Surf Project Inc ($1.0m) and Park Ridge Soccer NFP ($1.0m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 64% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $63k (6.3% of expenses). Other salaries and wages came to $315k. At year end it held assets of $1.7m against liabilities of $196k, net assets of $1.5m. It reported 17 employees.