Charlotte Area Riding Therapy C A R T is a 501(c)(3) organization based in Crozet, Virginia, registered in 2000, with $108,702 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$109K
▲ 24.9% vs prior year
Mental Health median: $333K
Expenses (FY2025)
$79K
Net assets
$177K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Charlotte Area Riding Therapy C A R T— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Charlotte Area Riding Therapy C A R T: 27 mo reserves · +28% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Charlotte Area Riding Therapy C A R T— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Charlotte Area Riding Therapy C A R T: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $34K (FY2012) to $109K (FY2025) across 14 reported years.
Financial snapshot
Operating margin
27.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$178K
Total liabilities
$834
Net assets
$177K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $108,702▲24.9% | $78,543▼2.8% | $177,027▲20.5% | $177,861▲20.3% | 990EZ |
| 2024 | $87,003▼14.9% | $80,812▲20.3% | $146,868▲4.4% | $147,868▲4.6% | 990EZ |
| 2023 | $102,222▲60.0% | $67,152▲26.7% | $140,677▲33.2% | $141,427▲32.7% | 990EZ |
| 2022 | $63,883▲6.4% | $52,995▲12.5% | $105,607▲11.5% | $106,561▲11.5% | 990EZ |
| 2021 | $60,044▲19.6% | $47,101▲19.1% | $94,719▲15.8% | $95,571▲15.8% | 990EZ |
| 2020 | $50,203▼29.4% | $39,532▼15.9% | $81,776▲15.0% | $82,534▲14.9% | 990EZ |
| 2019 | $71,149▲70.9% | $46,994▲20.1% | $71,105▲51.4% | $71,806▲50.9% | 990EZ |
| 2018 | $41,626▲10.4% | $39,135▲12.7% | $46,950▲5.6% | $47,579▲5.7% | 990EZ |
| 2017 | $37,690▼13.1% | $34,738▼17.4% | $44,459▲7.1% | $45,031▲7.2% | 990EZ |
| 2016 | $43,391▲76.6% | $42,063▲29.5% | $41,507▲3.3% | $42,017▲3.4% | 990EZ |
| 2015 | $24,564▼21.4% | $32,469▲10.3% | $40,179▼16.4% | $40,635▼16.2% | 990EZ |
| 2014 | $31,254▲21.0% | $29,438▲5.1% | $48,084▲5.1% | $48,489▲5.1% | 990EZ |
| 2013 | $25,829▼23.6% | $28,020▼1.7% | $45,768▼4.6% | $46,125▼4.4% | 990EZ |
| 2012 | $33,786 | $28,503 | $47,959 | $48,229 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Charlotte Area Riding Therapy C A R T totaling $51K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $15,000 |
| American Online Giving Foundation Inc | General support | 2023 | $15,000 |
| American Online Giving Foundation Inc | General support | 2022 | $16,010 |
| Charlottesville Area Community Foundation | Veterinary care of therapeutic riding horses | 2018 | $3,800 |
| Charlottesville Area Community Foundation | Unrestricted | 2018 | $1,250 |
Explore more
Data for Charlotte Area Riding Therapy C A R T (EIN 54-1957528) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.