Cochise Area Network of Therapeutic Equestrian Resources C a N T E R

Analysis

Cochise Area Network of Therapeutic Equestrian Resources C a N T E R is a registered charity in United States, based in Sierra Vista, AZ. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Cochise Area Network of Therapeutic Equestrian Resources C a N T E R reported income of $72k and spending of $60k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $85k to $72k (-15%), an average of -3.2% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cochise Area Network of Therapeutic Equestrian Resources C a N T E R sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within AZ. Charities of a similar size with the same main cause include Communities in Schools of Douglas County Inc ($72k), PTA New York Congress ($72k) and Calvary Kids Cooperative Pre-School ($72k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 17% of the total. At year end it held assets of $263k against liabilities of $3,048, net assets of $260k.