Cowboys Forever Foundation

Analysis

Cowboys Forever Foundation is a registered charity in United States, based in Wolcott, CO. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Cowboys Forever Foundation reported income of $172k and spending of $134k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $172k (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 1205%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cowboys Forever Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Descendants of Holocaust Survivors ($172k), Historic Royal Palaces Inc ($172k) and National League of American Pen Women Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 52% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.