Rodeo de Santa Fe Inc

Analysis

Rodeo de Santa Fe Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 2016, 10 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 2022, Rodeo de Santa Fe Inc reported income of $373k and spending of $337k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $328k to $373k (+14%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 518%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rodeo de Santa Fe Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include Friends of Lakeshore State Park ($373k), Chatham United Soccer Inc ($373k) and Herkimer County Fair Association Inc ($373k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 72% of the total. At year end it held assets of $340k against liabilities of $157k, net assets of $183k.