Los Fresnos Rodeo Committee Inc

Analysis

Los Fresnos Rodeo Committee Inc is a registered charity in United States, based in Los Fresnos, TX. It received its IRS tax-exemption ruling in February 2019, 7 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 March 2024, Los Fresnos Rodeo Committee Inc reported income of $688k and spending of $547k, leaving 20% of income unspent that year. Across the 4 years on record, from March 2020 to March 2024, income grew from $509k to $688k (+35%), an average of +11% a year. The sharpest change came in the year to March 2023, when income rose by 41%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Los Fresnos Rodeo Committee Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Fort Wayne Trails Inc ($687k), Amateur Athletic Union of the United States Inc ($688k) and University Athletic Association Inc ($687k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $933k against liabilities of $24k, net assets of $910k.