Grassroot Cutting Horse Association Inc

Analysis

Grassroot Cutting Horse Association Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in January 2011, 15 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, Grassroot Cutting Horse Association Inc reported income of $105k and spending of $106k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $105k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grassroot Cutting Horse Association Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within ID. Charities of a similar size with the same main cause include Bay County Hockey Association Inc ($105k), Trojan Country Athletic Boosters Inc ($105k) and Mission Fishin Corporation ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $39k against liabilities of $4,310, net assets of $34k.