Washington County Fair Inc

Analysis

Washington County Fair Inc is a registered charity in United States, based in Greenwich, NY. It received its IRS tax-exemption ruling in July 1992, 34 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 October 2023, Washington County Fair Inc reported income of $2.0m and spending of $2.2m, spending 110% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.4m to $2.0m (+42%), an average of +9.1% a year. The sharpest change came in the year to October 2021, when income rose by 470%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington County Fair Inc 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 83rd percentile within NY. Charities of a similar size with the same main cause include Colorado Fourteeners Initiative ($2.0m), Las Vegas Sports Initiative ($2.0m) and Vandal Boosters Inc ($2.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 7.3% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $21k (0.9% of expenses). Other salaries and wages came to $460k. At year end it held assets of $4.7m against liabilities of $830k, net assets of $3.9m. It reported 173 employees.