Healing Reins Equine Assisted Services Inc

Analysis

Healing Reins Equine Assisted Services Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in April 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Healing Reins Equine Assisted Services Inc reported income of $1.6m and spending of $1.3m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $753k to $1.6m (+115%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 235%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healing Reins Equine Assisted Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Planned Parenthood Cameron County ($1.6m), Friendly Hand Foundation ($1.6m) and Baptist Hospitals of Southeast Texas Foundation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $84k (6.5% of expenses). Other salaries and wages came to $661k. At year end it held assets of $2.4m against liabilities of $60k, net assets of $2.3m. It reported 32 employees.