Tolland County Agricultural Center Inc
Analysis
Tolland County Agricultural Center Inc is a registered charity in United States, based in Vernon, CT. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover human services, 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 December 2023, Tolland County Agricultural Center Inc reported income of $120k and spending of $112k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $120k (+10%), an average of +2.5% a year. Over the whole period it spent 103% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tolland County Agricultural Center Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within CT. Charities of a similar size with the same main cause include Operation Enduring Freedom Family Fund ($120k), Lords Refuge ($120k) and Heal Development Corporation ($120k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Other salaries and wages came to $21k. At year end it held assets of $349k against liabilities of $1,325, net assets of $348k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.8%
- Program services 97%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Operation Enduring Freedom Family Fund | Ridgecrest | $120k |
| Lords Refuge | Paragould | $120k |
| Heal Development Corporation | Youngstown | $120k |
| Congerville Eureka Goodfield Community Youth Recreation Associa | Eureka | $120k |