Siloam Springs Rodeo and Riding Club

Analysis

Siloam Springs Rodeo and Riding Club is a registered charity in United States, based in Siloam SPGS, AR. It received its IRS tax-exemption ruling in August 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, Siloam Springs Rodeo and Riding Club reported income of $159k and spending of $136k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $159k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Siloam Springs Rodeo and Riding Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within AR. Charities of a similar size with the same main cause include Gala FC ($159k), United States Bowling Congress Inc ($159k) and Cass County Fair Association ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.