Cowboy Athletics Inc

Analysis

Cowboy Athletics Inc is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Cowboy Athletics Inc reported income of $22.1m and spending of $10.3m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $142.3m to $22.1m (-84%), an average of -37% a year. The sharpest change came in the year to December 2020, when income dropped by 87%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cowboy Athletics Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include Path Foundation Inc ($22.0m), Los Angeles Sports & Entertainment Commission ($22.4m) and US Lacrosse Inc ($21.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $58.3m against liabilities of $2.6m, net assets of $55.7m. It reported 366 employees.