Ossipee Valley Agricultural Society

Analysis

Ossipee Valley Agricultural Society is a registered charity in United States, based in Newfield, ME. It received its IRS tax-exemption ruling in July 1978, 48 years ago. 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 October 2023, Ossipee Valley Agricultural Society reported income of $248k and spending of $182k, leaving 27% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $243k to $248k (+2.0%), an average of +2.0% a year. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ossipee Valley Agricultural Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 52nd percentile within ME. Charities of a similar size with the same main cause include Fare Meals Inc ($248k), St Joseph Conference Lincoln Society of St Vincent de Paul ($248k) and Family House Inc ($248k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 50% and program service revenue 32% of the total. At year end it held assets of $439k against liabilities of $0, net assets of $439k.