West Oxford Agricultural Society

Analysis

West Oxford Agricultural Society is a registered charity in United States, based in Fryeburg, ME. It received its IRS tax-exemption ruling in January 1991, 35 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 2022, West Oxford Agricultural Society reported income of $5.4m and spending of $4.8m, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.4m to $5.4m (+23%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 2046%. 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, West Oxford Agricultural Society sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within ME. Charities of a similar size with the same main cause include Florida National Parks Association Inc ($5.4m), North Carolina High School Athletic ($5.4m) and Westfield Youth Soccer Association Inc ($5.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.0% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $427k (8.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.4m against liabilities of $77k, net assets of $4.3m. It reported 624 employees.