Hampshire Franklin and Hampden Agricultural Soc

Analysis

Hampshire Franklin and Hampden Agricultural Soc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in December 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2022, Hampshire Franklin and Hampden Agricultural Soc reported income of $2.0m and spending of $1.4m, leaving 29% of income unspent that year. Across the 4 years on record, from October 2019 to October 2022, income grew from $1.5m to $2.0m (+35%), an average of +10% a year. The sharpest change came in the year to October 2021, when income rose by 361%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hampshire Franklin and Hampden Agricultural Soc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Davis Aquadarts Inc ($2.0m), Ohio Youth Hockey Association Inc ($2.0m) and Sunnyvale Alliance Soccer Club ($2.0m).

On its Form 990 for the period ending October 2022, revenue came from contributions and grants 26% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $106k (7.4% of expenses). Other salaries and wages came to $258k. At year end it held assets of $5.5m against liabilities of $272k, net assets of $5.3m. It reported 68 employees.