Florida High School Rodeo Association Incorporated

Analysis

Florida High School Rodeo Association Incorporated is a registered charity in United States, based in Lake Placid, FL. It received its IRS tax-exemption ruling in March 1983, 43 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 2024, Florida High School Rodeo Association Incorporated reported income of $334k and spending of $324k, spending 97% of its income. Across the 6 years on record, from August 2019 to August 2024, income fell from $352k to $334k (-5.2%), an average of -1.1% a year. The sharpest change came in the year to August 2023, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida High School Rodeo Association Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include National Church Residences of ($334k), New Beginnings Housing Foundation ($334k) and Sister Thea Bowman Black Catholic Education Foundation ($334k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $34k against liabilities of $16k, net assets of $18k.