Hale County Stock Show Inc

Analysis

Hale County Stock Show Inc is a registered charity in United States, based in Plainview, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2023, Hale County Stock Show Inc reported income of $382k and spending of $390k, spending 102% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $397k to $382k (-3.7%), an average of -1.3% a year. The sharpest change came in the year to May 2021, when income dropped by 27%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hale County Stock Show Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Heroes of Honor Foundation Inc ($382k), Youth for Christ USA Inc ($383k) and Girls Matter ($382k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.