Little Britches Rodeo

Analysis

Little Britches Rodeo is a registered charity in United States, based in Sheridan, IL. It received its IRS tax-exemption ruling in March 2022, 4 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, Little Britches Rodeo reported income of $125k and spending of $140k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $125k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Little Britches Rodeo sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Active Bakersfield Alliance ($125k), Loudoun Flight Basketball Academy ($125k) and Pa Elite Fastpitch Softball Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. At year end it held assets of $238 against liabilities of $3,424, net assets of -$3,186.