Winkler-Loving County Livestock Association

Analysis

Winkler-Loving County Livestock Association is a registered charity in United States, based in Kermit, TX. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Winkler-Loving County Livestock Association reported income of $616k and spending of $597k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $513k to $616k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Winkler-Loving County Livestock Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include National Labor College ($615k), Center of Musical Studies Inc ($616k) and Jansen Art Center ($615k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.