South Summit Rodeo Club

Analysis

South Summit Rodeo Club is a registered charity in United States, based in Kamas, UT. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, South Summit Rodeo Club reported income of $53k and spending of $39k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $54k to $53k (-2.7%), an average of -2.7% a year. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Summit Rodeo Club sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within UT. Charities of a similar size with the same main cause include Key City Athletics Foundation Inc ($53k), Madison Girls Lacrosse Inc ($53k) and Adirondack Foothills Cycling Club ($53k).

At year end it held assets of $131k against liabilities of $0, net assets of $131k.