Northwest Barrel Racing Association

Analysis

Northwest Barrel Racing Association is a registered charity in United States, based in Buffalo, WY. It received its IRS tax-exemption ruling in June 2022, 4 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, Northwest Barrel Racing Association reported income of $70k and spending of $71k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $70k (-8.9%), an average of -8.9% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northwest Barrel Racing Association sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within WY. Charities of a similar size with the same main cause include USA Ultimate Foundation ($70k), Waukegan Parks Foundation ($70k) and Bombers Baseball ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.