Colorado State High School Rodeo Assn

Analysis

Colorado State High School Rodeo Assn is a registered charity in United States, based in Burns, CO. It received its IRS tax-exemption ruling in August 1974, 52 years ago. 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 July 2023, Colorado State High School Rodeo Assn reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $599k to $1.2m (+95%), an average of +18% a year. The sharpest change came in the year to July 2021, when income rose by 78%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado State High School Rodeo Assn sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Stayton High School Eagles Booster Club Inc ($1.2m), El Concilio of San Mateo County ($1.2m) and United Way of Anderson County Inc ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $37k (3.6% of expenses). At year end it held assets of $609k against liabilities of $0, net assets of $609k.