Hancock County Agricultural Society

Analysis

Hancock County Agricultural Society is a registered charity in United States, based in Blue Hill, ME. It received its IRS tax-exemption ruling in May 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, Hancock County Agricultural Society reported income of $550k and spending of $518k, spending 94% of its income. Across the 5 years on record, from September 2019 to December 2023, income grew from $448k to $550k (+23%), an average of +5.2% a year. The sharpest change came in the year to September 2021, when income rose by 696%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hancock County Agricultural Society sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within ME. Charities of a similar size with the same main cause include Washington County Fair Association ($550k), Corvallis Aquatic Team ($550k) and Chicago Lions Charitable Association ($549k).

At year end it held assets of $492k against liabilities of $0, net assets of $492k. It reported 26 employees.