Nebraska High School Rodeo Assn

Analysis

Nebraska High School Rodeo Assn is a registered charity in United States, based in Valentine, NE. It received its IRS tax-exemption ruling in October 1979, 47 years ago. 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 August 2023, Nebraska High School Rodeo Assn reported income of $224k and spending of $172k, leaving 23% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income fell from $235k to $224k (-4.5%), an average of -1.5% a year. The sharpest change came in the year to August 2023, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska High School Rodeo Assn sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within NE. Charities of a similar size with the same main cause include Nami South Dakota ($224k), Blue Bonnett Casa ($224k) and NVC Foundation ($224k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 35% and program service revenue 16% of the total. At year end it held assets of $248k against liabilities of $0, net assets of $248k.