Northwest Therapeutic Riding Center
Analysis
Northwest Therapeutic Riding Center is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Northwest Therapeutic Riding Center reported income of $195k and spending of $167k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $195k (+9.8%), an average of +9.8% a year. Over the whole period it spent 85% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest Therapeutic Riding Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Versailles Heritage Park Fund ($195k), Buhl Family Network Inc ($195k) and Little League Baseball Inc ($195k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $62k (38% of expenses). At year end it held assets of $274k against liabilities of $15k, net assets of $259k.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 19%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Versailles Heritage Park Fund | Versailles | $195k |
| Buhl Family Network Inc | Buhl | $195k |
| Little League Baseball Inc | Huntingtn BCH | $195k |
| Coon Rapids Cardinal Basketball Club | Coon Rapids | $195k |