Carolina Therapeutic Riding Inc

Analysis

Carolina Therapeutic Riding Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Carolina Therapeutic Riding Inc reported income of $387k and spending of $262k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $185k to $387k (+109%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 46% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Carolina Therapeutic Riding Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Humane Society of Port Jervis -Deerpark Inc ($387k), A New Life Charitable Foundation Inc ($387k) and Woodlands Wildlife Refuge Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 13% of the total. Other salaries and wages came to $54k. At year end it held assets of $967k against liabilities of $451k, net assets of $516k. It reported 4 employees.