Equine Assisted Therapy Alaska

Analysis

Equine Assisted Therapy Alaska is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in February 2002, 24 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 2022, Equine Assisted Therapy Alaska reported income of $109k and spending of $132k, spending 120% of what it took in. Across the 5 years on record, from December 2017 to December 2022, income fell from $154k to $109k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Equine Assisted Therapy Alaska sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within AK. Charities of a similar size with the same main cause include Jake Cassell Fund for Special Needs Inc ($109k), Mountain Park Rescue Squad Inc ($109k) and Ufcw 227 Foundation Inc ($109k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $35k. At year end it held assets of $241k against liabilities of $16k, net assets of $225k. It reported 4 employees.