Pegasus Riding Academy for the Handicapped

Analysis

Pegasus Riding Academy for the Handicapped is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in December 1982, 44 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, Pegasus Riding Academy for the Handicapped reported income of $333k and spending of $392k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $333k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pegasus Riding Academy for the Handicapped sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Boone County Health Center Foundation ($333k), Andrew County Council on Aging Inc ($333k) and Friends of Pir Inc ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $212k. It paid $1,718 in professional fundraising fees. At year end it held assets of $723k against liabilities of $165k, net assets of $558k. It reported 4 employees.