Palo Pinto County Livestock Association

Analysis

Palo Pinto County Livestock Association is a registered charity in United States, based in Mineral Wells, TX. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Palo Pinto County Livestock Association reported income of $345k and spending of $312k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $345k (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Palo Pinto County Livestock Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Rainbow Village Inc ($345k), Local Indians for Education ($345k) and Trinity Empowerment Consortium Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 9.7% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.