Happy Trails Riding Academy

Analysis

Happy Trails Riding Academy is a registered charity in United States, based in Tulare, CA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 September 2023, Happy Trails Riding Academy reported income of $638k and spending of $654k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $465k to $638k (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Happy Trails Riding Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Stanley Hose Company Inc ($637k), Friends of Firefighters Inc ($638k) and Maugansville Goodwill Volunteer Fire Company ($637k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $76k (12% of expenses). Other salaries and wages came to $221k. At year end it held assets of $1.2m against liabilities of $39k, net assets of $1.1m. It reported 13 employees.