Virginia High School Rodeo Association Inc

Analysis

Virginia High School Rodeo Association Inc is a registered charity in United States, based in Charles City, VA. It received its IRS tax-exemption ruling in July 2023, 3 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 July 2023, Virginia High School Rodeo Association Inc reported income of $203k and spending of $226k, spending 111% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $99k to $203k (+106%), an average of +27% a year. The sharpest change came in the year to July 2021, when income rose by 56%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Virginia High School 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 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Marshall County Parks Incorporated ($203k), East Sacramento Little League ($203k) and Asheville-Biltmore Volleyball Academy and Youth Athletic Associa ($203k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.