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New York · Nonprofit

THERAPEUTIC HORSES OF SARATOGA INC

THERAPEUTIC HORSES OF SARATOGA INC (New York) receives grants from 19 organizations whose IRS filings report $305,427 to it, the largest being THOROUGHBRED AFTERCARE ALLIANCE FOUNDATI DBA THOROUGHBRED AFTERCARE ALLIANCE ($99,000). 6 of them have funded it in more than one year.

Revenue FY2025
$818k
Funders on record
19
Grants received
$305k
Net assets
$339k
6/19 repeat funderspeak grant-dependency 9%
01What it does

What Therapeutic Horses of Saratoga Inc does

Mission

Therapeutic horses of saratoga, inc. Is a not-for-profit organization supporting retired racehorses in leading a peaceful, safe, and meaningful life by rescuing and retraining them for therapeutic programming.

As stated on its FY2025 Form 990.

Program

  1. Rescuing and taking care of retired race horses for equine assisted therapy

    $465,509 spentof which $2,193 as grants$42,848 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $465,509.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($112k) Expenses 100 ($111k) Net assets 100 ($914)2020 Revenue 76 ($85k) Expenses 108 ($120k) Net assets -3728 ($-34071)2021 Revenue 121 ($136k) Expenses 145 ($162k) Net assets -6538 ($-59757)2022 Revenue 304 ($341k) Expenses 355 ($395k) Net assets -12425 ($-113565)2023 Revenue 655 ($736k) Expenses 571 ($636k) Net assets -1472 ($-13458)2024 Revenue 1220 ($1.4M) Expenses 819 ($912k) Net assets 47126 ($431k)2025 Revenue 728 ($818k) Expenses 817 ($910k) Net assets 37053 ($339k)
2019202020212022202320242025
Revenue (728)Expenses (817)Net assets (37053)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $394k to $862k (+119%).

$914
$10k
$161k
$220k
$394k
$862k
$725k
2019202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 47% · 2025 18%. Grants only. Government contracts and fees sit inside program revenue.

95% of THERAPEUTIC HORSES OF SARATOGA INC’s revenue is contributions — more donation-reliant than the typical peer (86% for the typical peer).

This organization
Typical peer · 7,065 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

$914
’19
−$35k
’20
−$26k
’21
−$54k
’22
$100k
’23
$458k
’24
−$92k
’25
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Erin Christopher-Sisk

Executive director/founder

Board chair

Gregory Piper

Chairman

As listed on its FY2025 Form 990.

2022202320242025
Listed771111
Joined·+0+4+0
No longer listed·000
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 8 funders, grant income rose $26 → $63k.

5 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THERAPEUTIC HORSES OF SARATOGA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THERAPEUTIC HORSES OF SARATOGA INC has a broad base — no single funder exceeds 32% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THERAPEUTIC HORSES OF SARATOGA INC.

32%
largest funder
58%
top three
~6
effective funders

Largest funder’s share by year: 2020 100% · 2021 84% · 2022 100% · 2023 40% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

THERAPEUTIC HORSES OF SARATOGA INC draws 60% of its grant income from funders outside New York, across 5 states in all.

NY
UT
KY
VA
TX

In-state vs out-of-state, by year

’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $70k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THERAPEUTIC HORSES OF SARATOGA INC has grown faster than three-quarters of the 3,954 animals nonprofits its size.

Operating margin−11% · bottom quartile
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)39% · top quartile

this organization peer median middle 50% of peers· 3,954 animals nonprofits $100k–$1M, FY2025

Government funding THERAPEUTIC HORSES OF SARATOGA INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $576k on record.

Federal$576k
grants $576kcontracts $0
22
23
24
25
Top agencies
  • Department of Veterans Affairs$576k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THERAPEUTIC HORSES OF SARATOGA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

51% of spending goes to programs.

Program 51%Management 35%Fundraising 14%

Governance

10
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

83%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for THERAPEUTIC HORSES OF SARATOGA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THERAPEUTIC HORSES OF SARATOGA INC?
THERAPEUTIC HORSES OF SARATOGA INC (New York) receives grants from 19 organizations whose IRS filings report $305,427 to it, the largest being THOROUGHBRED AFTERCARE ALLIANCE FOUNDATI DBA THOROUGHBRED AFTERCARE ALLIANCE ($99,000). 6 of them have funded it in more than one year.
How many funders does THERAPEUTIC HORSES OF SARATOGA INC have?
IRS filings report 19 organizations giving $305,427 in grants to THERAPEUTIC HORSES OF SARATOGA INC, 6 of which have funded it in more than one year.
Who is the largest funder of THERAPEUTIC HORSES OF SARATOGA INC?
THOROUGHBRED AFTERCARE ALLIANCE FOUNDATI DBA THOROUGHBRED AFTERCARE ALLIANCE is the largest funder on record, with $99,000 in grants. The full list of funders is on this page.
How can an organization like THERAPEUTIC HORSES OF SARATOGA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Therapeutic Horses of Saratoga →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing