Pasadena Livestock Show & Rodeo Association Inc

Analysis

Pasadena Livestock Show & Rodeo Association Inc is a registered charity in United States, based in Pasadena, TX. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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, Pasadena Livestock Show & Rodeo Association Inc reported income of $2.4m and spending of $2.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pasadena Livestock Show & Rodeo Association Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Student Advocacy Center of Michigan Inc ($2.4m), Grace House Inc ($2.4m) and Acec Research Institute ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $126k (5.8% of expenses). At year end it held assets of $1.1m against liabilities of $402k, net assets of $671k. It reported 3 employees.