Addison County Fair and Field Days Inc

Analysis

Addison County Fair and Field Days Inc is a registered charity in United States, based in Vergennes, VT. It received its IRS tax-exemption ruling in August 2016, 10 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, Addison County Fair and Field Days Inc reported income of $668k and spending of $899k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $592k to $668k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 213%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Addison County Fair and Field Days Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within VT. Charities of a similar size with the same main cause include Enhanced Life Options Group ($668k), Wasilla Youth Soccer Association ($668k) and Corona United Soccer Club ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 66% of the total. At year end it held assets of $1.3m against liabilities of $834k, net assets of $487k. It reported 11 employees.