New Mexico Wrangler Division Junior High School Rodeo Association

Analysis

New Mexico Wrangler Division Junior High School Rodeo Association is a registered charity in United States, based in Portales, NM. It received its IRS tax-exemption ruling in March 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Mexico Wrangler Division Junior High School Rodeo Association reported income of $349k and spending of $356k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $349k (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 7204%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Mexico Wrangler Division Junior High School Rodeo 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 64th percentile, and in the 62nd percentile within NM. Charities of a similar size with the same main cause include Premier Hockey League of New England Inc ($349k), X-Cel Gymnastics Parent Organization Inc ($349k) and All American Athlete Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.