Gilroy Rodeo Association

Analysis

Gilroy Rodeo Association is a registered charity in United States, based in Shingle SPGS, CA. It received its IRS tax-exemption ruling in March 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gilroy Rodeo Association reported income of $839k and spending of $701k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $192k to $839k (+337%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 1390%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gilroy Rodeo Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Pro Baseball Club ($838k), Indiana Elite FC Inc ($839k) and Project Advantage ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $377k against liabilities of $206k, net assets of $171k.