Indiana High School Rodeo Association

Analysis

Indiana High School Rodeo Association is a registered charity in United States, based in Nabb, IN. It received its IRS tax-exemption ruling in January 2006, 20 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 July 2023, Indiana High School Rodeo Association reported income of $275k and spending of $279k, spending 102% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $214k to $275k (+29%), an average of +8.8% a year. The sharpest change came in the year to July 2021, when income rose by 22%. 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, Indiana High School Rodeo Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Pittsgrove Soccer Club Inc ($275k), Zionsville Lions Park Inc ($275k) and Bysa Inc ($275k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.