Nevada Gay Rodeo Association Ngra

Analysis

Nevada Gay Rodeo Association Ngra is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in October 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 2023, Nevada Gay Rodeo Association Ngra reported income of $81k and spending of $96k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $81k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nevada Gay Rodeo Association Ngra sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within NV. Charities of a similar size with the same main cause include Wauseon Athletic Boosters ($81k), De Soto Football and Cheer Inc ($81k) and Montana Softball Association ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.