Crosby Fair and Rodeo Inc

Analysis

Crosby Fair and Rodeo Inc is a registered charity in United States, based in Crosby, TX. It received its IRS tax-exemption ruling in May 1953, 73 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 December 2023, Crosby Fair and Rodeo Inc reported income of $322k and spending of $236k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $322k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crosby Fair and Rodeo Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($322k), New England Fusion Fastpitch ($322k) and Student Athlete Community Service Network Inc ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 39% of the total. At year end it held assets of $662k against liabilities of $112k, net assets of $550k.