Heart of Oklahoma Youth Rodeo Association

Analysis

Heart of Oklahoma Youth Rodeo Association is a registered charity in United States, based in Altus, OK. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2024, Heart of Oklahoma Youth Rodeo Association reported income of $443k and spending of $478k, spending 108% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $248k to $443k (+79%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Heart of Oklahoma Youth Rodeo Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Child Advocacy Center of Allen County Indiana Inc ($443k), Greater Polson Community Foundation Inc ($443k) and United Way of Marshall County Inc ($442k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $107k against liabilities of $1,683, net assets of $106k.