Living Hope Equine Therapy

Analysis

Living Hope Equine Therapy is a registered charity in United States, based in Trophy Club, TX. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Living Hope Equine Therapy reported income of $151k and spending of $70k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $6,216 to $151k (+2325%), an average of +2326% a year. The sharpest change came in the year to December 2023, when income rose by 2325%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Hope Equine Therapy sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include GFWC St Petersburg Womans Club Inc ($151k), Kansas City Childrens Assistance Network ($151k) and Totalhealth Kids Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 41% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.