Oklahoma High School Rodeo Association

Analysis

Oklahoma High School Rodeo Association is a registered charity in United States, based in Freedom, OK. It received its IRS tax-exemption ruling in May 1997, 29 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, Oklahoma High School Rodeo Association reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.2m to $1.2m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to July 2021, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oklahoma High School Rodeo Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include Spokane Youth Sports Association ($1.2m), Bristol Recreation Advisory Council ($1.2m) and Li Slammers ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $46k (3.7% of expenses). Other salaries and wages came to $20k. At year end it held assets of $105k against liabilities of $0, net assets of $105k.