Laytonville Rodeo Association Inc

Analysis

Laytonville Rodeo Association Inc is a registered charity in United States, based in Laytonville, CA. It received its IRS tax-exemption ruling in May 2017, 9 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, Laytonville Rodeo Association Inc reported income of $64k and spending of $57k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $64k (-5.5%), an average of -5.5% a year. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Laytonville Rodeo Association Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include American Youth Football Inc ($64k), LC Mavericks Youth Baseball ($64k) and Greater Vienna Babe Ruth League Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.