International Gay Rodeo Assoc Inc

Analysis

International Gay Rodeo Assoc Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in May 2021, 5 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, International Gay Rodeo Assoc Inc reported income of $93k and spending of $78k, spending 84% of its income. Across the 4 years on record, from December 2016 to December 2023, income grew from $88k to $93k (+6.1%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, International Gay Rodeo Assoc Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within CO. Charities of a similar size with the same main cause include Elida Athletic Boosters ($93k), Rahway Youth Soccer Association Inc ($93k) and Tennis Opportunity Program Incorporated ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $141k against liabilities of $58k, net assets of $83k.