Ther-equine Inc
Only null% goes to programs Strong reserves Growing revenue
Ther-equine Inc is a 501(c)(3) organization based in Morganton, North Carolina, registered in 2014, with $3,726 in FY2024 revenue. CharityIndex grades it C+.
2864 Dav Ave, Morganton, NC, 28655 EIN 46-4684056 Since 2014
Revenue (FY2024)
$3,726
▲ 2701.5% vs prior year
Human Services median: $293K
Expenses (FY2024)
$3,752
Net assets
$43K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Ther-equine Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating136 mo reserves · -1% margin
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 Ther-equine Inc: 136 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Ther-equine Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Ther-equine Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2864 Dav Ave, Morganton, NC, 28655
- City
- Morganton
- State
- North Carolina
- Category
- Human Services
- Subcategory
- Human Service Organizations
Financial trends
Revenue grew from $1,805 (FY2014) to $3,726 (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4,591Net assets $43K
Operating margin
-0.7%
Spent more than it raised in the latest fiscal year.
Total assets
$47K
Total liabilities
$4,591
Net assets
$43K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,726▲2702% | $3,752▲253% | $42,644▼0.1% | $47,235▼0.4% | 990EZ |
| 2023 | $133▲191% | $1,064▼6.0% | $42,670▼2.1% | $47,447▲0.4% | 990EZ |
| 2022 | -$146▼105% | $1,132▼77.9% | $43,601▼2.8% | $47,235▼0.3% | 990EZ |
| 2021 | $2,969▼69.6% | $5,128▼52.0% | $44,879▼4.6% | $47,361▼0.4% | 990EZ |
| 2020 | $9,754▼72.1% | $10,690▼72.1% | $47,038▼2.0% | $47,567▼4.7% | 990EZ |
| 2019 | $34,923▼39.3% | $38,338▼29.9% | $47,974▼6.6% | $49,924▼9.5% | 990EZ |
| 2018 | $57,552▲78.5% | $54,704▲92.0% | $51,389▲5.9% | $55,148▲13.6% | 990EZ |
| 2017 | $32,241▲166% | $28,487▲93.3% | $48,541▲8.4% | $48,541▲8.4% | 990EZ |
| 2016 | $12,130▼80.4% | $14,741▼9.7% | $44,787▼5.5% | $44,787▼5.5% | 990EZ |
| 2015 | $61,952▲3332% | $16,328▲52571% | $47,398▲2572% | $47,398▲2572% | 990EZ |
| 2014 | $1,805 | $31 | $1,774 | $1,774 | 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.
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Frequently asked questions
- Is Ther-equine Inc a legitimate nonprofit?
- Yes. Ther-equine Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4684056, based in Morganton, North Carolina. Donations are tax-deductible.
- What is Ther-equine Inc's EIN?
- Ther-equine Inc's Employer Identification Number (EIN) is 46-4684056.
- How much revenue does Ther-equine Inc report?
- Ther-equine Inc reported $3,726 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ther-equine Inc have?
- CharityIndex grades Ther-equine Inc C+, based on financial health (reserves and operating margin).
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Data for Ther-equine Inc (EIN 46-4684056) 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.