Hopkinton State Fair Association

Analysis

Hopkinton State Fair Association is a registered charity in United States, based in Contookook, NH. It received its IRS tax-exemption ruling in November 1995, 31 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 November 2023, Hopkinton State Fair Association reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.1m to $1.3m (+23%), an average of +5.4% a year. The sharpest change came in the year to November 2021, when income rose by 5838%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hopkinton State Fair Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NH. Charities of a similar size with the same main cause include CC United Soccer Club Inc ($1.3m), Outdoor Recreation Alliance of the Seven Rivers Region Inc ($1.3m) and Ulster County Agricultural Society ($1.3m).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $184k. At year end it held assets of $1.3m against liabilities of $322k, net assets of $1.0m. It reported 80 employees.