Houston Livestock Show and Rodeo Educational Fund

Analysis

Houston Livestock Show and Rodeo Educational Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Houston Livestock Show and Rodeo Educational Fund reported income of $21.0m and spending of $18.0m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $14.9m to $21.0m (+41%), an average of +9.0% a year. The sharpest change came in the year to August 2021, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Houston Livestock Show and Rodeo Educational Fund sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Municipal Golf Association - Sa ($20.6m), Young Mens Christian Association of Greater Waukesha County Inc ($21.1m) and Jewish Community Center of Dallas ($20.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $219k. At year end it held assets of $95.8m against liabilities of $28.6m, net assets of $67.2m.