Katy Ffa Livestock Show & Rodeo Association Inc

Analysis

Katy Ffa Livestock Show & Rodeo Association Inc is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2023, Katy Ffa Livestock Show & Rodeo Association Inc reported income of $311k and spending of $239k, leaving 23% of income unspent that year. Across the 2 years on record, from March 2022 to March 2023, income grew from $78k to $311k (+301%), an average of +301% a year. The sharpest change came in the year to March 2023, when income rose by 301%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Katy Ffa Livestock Show & Rodeo Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Shea Theater Arts Center Inc ($311k), Capital Area New Mainers Project ($311k) and Gaston School of the Arts Inc ($311k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $233k against liabilities of $52k, net assets of $181k.