Cave Creek Rodeo Days

Analysis

Cave Creek Rodeo Days is a registered charity in United States, based in Cave Creek, AZ. It received its IRS tax-exemption ruling in February 2017, 9 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, Cave Creek Rodeo Days reported income of $131k and spending of $70k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $131k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income dropped by 136%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cave Creek Rodeo Days sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within AZ. Charities of a similar size with the same main cause include Evergreen Park Baseball Club ($131k), City Champs Foundation Inc ($131k) and Ragged Mountain Recreation Area Foundation ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 189% of the total. At year end it held assets of $322k against liabilities of $11k, net assets of $311k.