San Angelo Stock Show & Rodeo Association Inc

Analysis

San Angelo Stock Show & Rodeo Association Inc is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in November 1986, 40 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 December 2023, San Angelo Stock Show & Rodeo Association Inc reported income of $5.5m and spending of $4.6m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.5m (+48%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Angelo Stock Show & Rodeo Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Expeditionary Learning School Board of Cooperative Educational ($5.5m), Sos International Inc ($5.5m) and Voices for Children Foundation Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $174k (3.8% of expenses). Other salaries and wages came to $781k. At year end it held assets of $12.0m against liabilities of $4.0m, net assets of $8.0m. It reported 79 employees.