Morrill County Rodeo Farm and Ranch Association Incorporated

Analysis

Morrill County Rodeo Farm and Ranch Association Incorporated is a registered charity in United States, based in Bridgeport, NE. It received its IRS tax-exemption ruling in October 2018, 8 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 December 2023, Morrill County Rodeo Farm and Ranch Association Incorporated reported income of $207k and spending of $203k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $207k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morrill County Rodeo Farm and Ranch Association Incorporated 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 55th percentile, and in the 53rd percentile within NE. Charities of a similar size with the same main cause include Slo Swim Club Inc ($207k), Southern New Hampshire Skating Club Inc ($207k) and Montgomery Youth Wrestling Leagueinc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 82% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.