Cowboy Heritage Association of Fort Worth

Analysis

Cowboy Heritage Association of Fort Worth is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cowboy Heritage Association of Fort Worth reported income of $164k and spending of $207k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $164k (+11%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 148% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cowboy Heritage Association of Fort Worth sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include National Organization for Marriage Education Fund ($164k), Parent and Teachers Organization of Lakeway Elementary ($164k) and Horizons North Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.