Payson Rodeo Committee Inc

Analysis

Payson Rodeo Committee Inc is a registered charity in United States, based in Payson, AZ. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Payson Rodeo Committee Inc reported income of $285k and spending of $108k, leaving 62% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $115k to $285k (+149%), an average of +26% a year. The sharpest change came in the year to September 2021, when income rose by 91%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Payson Rodeo Committee Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include Fort Worth Flying Club ($285k), St John the Baptist Chapter of the St Vincent de Paul Society Inc ($285k) and Highway City Community Development Inc ($285k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.5% of the total. At year end it held assets of $785k against liabilities of $1,178, net assets of $783k.