Young Hearts Therapeutic Riding

Analysis

Young Hearts Therapeutic Riding is a registered charity in United States, based in Enumclaw, WA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Young Hearts Therapeutic Riding reported income of $132k and spending of $122k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $132k (+14%), an average of +14% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Young Hearts Therapeutic Riding sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Seeds of Faith ($132k), Prepare Our Youth Inc ($132k) and Now I See a Person Institute Corporation ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 65% of the total. At year end it held assets of $43k against liabilities of $3,798, net assets of $40k.