The Woodstock Agricultural Society

Analysis

The Woodstock Agricultural Society is a registered charity in United States, based in S Woodstock, CT. It received its IRS tax-exemption ruling in March 1985, 41 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, The Woodstock Agricultural Society reported income of $1.7m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.7m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 1100%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Woodstock Agricultural Society sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Allensworth Progressive Association ($1.7m), Fram CQ ($1.7m) and Los Angeles Parks Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $77k (5.0% of expenses). Other salaries and wages came to $252k. At year end it held assets of $6.7m against liabilities of $61k, net assets of $6.7m. It reported 232 employees.