Rensselaer County Agricultural and Horticultural Society

Analysis

Rensselaer County Agricultural and Horticultural Society is a registered charity in United States, based in Schaghticoke, NY. It received its IRS tax-exemption ruling in March 2015, 11 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, Rensselaer County Agricultural and Horticultural Society reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.0m to $1.5m (+43%), an average of +9.3% a year. The sharpest change came in the year to November 2021, when income rose by 447%. 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, Rensselaer County Agricultural and Horticultural 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 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Button Hole ($1.5m), Clayton Shaw Park Swimming Team Inc ($1.5m) and Mill Creek Athletic Association ($1.5m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 12% and program service revenue 78% of the total. Other salaries and wages came to $406k. At year end it held assets of $131k against liabilities of $26k, net assets of $105k. It reported 143 employees.