Dutchess County Sheep & Wool Growers Association Inc

Analysis

Dutchess County Sheep & Wool Growers Association Inc is a registered charity in United States, based in Red Hook, NY. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2024, Dutchess County Sheep & Wool Growers Association Inc reported income of $415k and spending of $334k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $349k to $415k (+19%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dutchess County Sheep & Wool Growers Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include YMCA of Dyer County Marcheta Sigmon ($415k), Deposit Community Center ($415k) and Custer Network Against Domestic Abuse ($415k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $10k (3.0% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.