Franklin County Agricultural Society

Analysis

Franklin County Agricultural Society is a registered charity in United States, based in Farmington, ME. It received its IRS tax-exemption ruling in March 2026. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 November 2023, Franklin County Agricultural Society reported income of $1.0m and spending of $886k, spending 88% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $780k to $1.0m (+28%), an average of +6.5% a year. The sharpest change came in the year to November 2021, when income rose by 290%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Franklin County Agricultural Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within ME. Charities of a similar size with the same main cause include Eighth Street Community ($1.0m), Resource Oversight & Guidance Services Inc ($1.0m) and Routt County Foundation for Senior Citizens Inc ($1.0m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 7.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $18k (2.0% of expenses). Other salaries and wages came to $85k. At year end it held assets of $320k against liabilities of $0, net assets of $320k. It reported 61 employees.