Perryton Rodeo Association Inc

Analysis

Perryton Rodeo Association Inc is a registered charity in United States, based in Perryton, TX. It received its IRS tax-exemption ruling in February 2018, 8 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, Perryton Rodeo Association Inc reported income of $103k and spending of $91k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $103k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Perryton Rodeo Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Western Maine Conference ($103k), Cuyahoga Falls Youth Soccer Association ($103k) and Little League Baseball Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.