Erath County Livestock Association Inc

Analysis

Erath County Livestock Association Inc is a registered charity in United States, based in Stephenville, TX. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Erath County Livestock Association Inc reported income of $923k and spending of $630k, leaving 32% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $439k to $923k (+110%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Erath County Livestock Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Shirley Home for the Aged Inc ($923k), A Shot for Life Incorporated ($923k) and Angels Attic Thrift Shop ($923k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $756k against liabilities of $0, net assets of $756k.