South Carolina High School Rodeo Association

Analysis

South Carolina High School Rodeo Association is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in April 2004, 22 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 July 2023, South Carolina High School Rodeo Association reported income of $381k and spending of $316k, spending 83% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $206k to $381k (+85%), an average of +17% a year. The sharpest change came in the year to July 2021, when income rose by 48%. 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, South Carolina High School Rodeo Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Sanitarium Playgrounds of New Jersey Inc ($381k), Fryeburg Recreation Department Inc ($381k) and Clark County Youth Football League ($381k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $600 (0.2% of expenses). Other salaries and wages came to $600. At year end it held assets of $196k against liabilities of $28k, net assets of $167k.