Cowboy Capital of the World Pro Rodeo Assoc of Stephenville Texas

Analysis

Cowboy Capital of the World Pro Rodeo Assoc of Stephenville Texas is a registered charity in United States, based in Stephenville, TX. It received its IRS tax-exemption ruling in February 2015, 11 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cowboy Capital of the World Pro Rodeo Assoc of Stephenville Texas reported income of $356k and spending of $246k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $356k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cowboy Capital of the World Pro Rodeo Assoc of Stephenville Texas 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 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include DSC United Corp ($356k), Nebraska Juniors Volleyball Club ($356k) and Waseca County Agricultural Society ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $620k against liabilities of $274k, net assets of $346k.