Ulster County Agricultural Society

Analysis

Ulster County Agricultural Society is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in April 1996, 30 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, Ulster County Agricultural Society reported income of $1.3m and spending of $1.0m, spending 80% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $813k to $1.3m (+59%), an average of +12% a year. The sharpest change came in the year to November 2021, when income rose by 1555%. 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, Ulster County Agricultural Society sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Comal County Fair Association of Texas ($1.3m), CC United Soccer Club Inc ($1.3m) and Anchorage Ski Club Inc ($1.3m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 9.1% and program service revenue 85% of the total. Other salaries and wages came to $139k. At year end it held assets of $1.8m against liabilities of $16k, net assets of $1.8m. It reported 109 employees.