Gem State Rodeo Association Inc

Analysis

Gem State Rodeo Association Inc is a registered charity in United States, based in Melba, ID. It received its IRS tax-exemption ruling in June 2015, 11 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, Gem State Rodeo Association Inc reported income of $110k and spending of $113k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $110k (-1.4%), an average of -1.4% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gem State Rodeo Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within ID. Charities of a similar size with the same main cause include Colorado Gay Volleyball Association Inc ($110k), Cass County Carousel Inc ($110k) and Four Corners Youth Soccer League ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.