Northwest Rodeo Team

Analysis

Northwest Rodeo Team is a registered charity in United States, based in Haslet, TX. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Northwest Rodeo Team reported income of $60k and spending of $67k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $60k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Northwest Rodeo Team sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Louisiana 4-H Foundation ($60k), Wyba Inc ($60k) and Scouting Area Committee ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.