Isanti County Agricultural Society

Analysis

Isanti County Agricultural Society is a registered charity in United States, based in Cambridge, MN. It received its IRS tax-exemption ruling in July 2006, 20 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Isanti County Agricultural Society reported income of $489k and spending of $308k, leaving 37% of income unspent that year. Across the 6 years on record, from September 2018 to September 2023, income grew from $274k to $489k (+78%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 249%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Isanti County Agricultural Society sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Cancer Pathways Midwest Inc ($489k), Riverfront Trolley Association Inc ($489k) and American Concrete Institute Intermountain Chapter 201 ($489k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.9% and program service revenue 73% of the total. Other salaries and wages came to $8,645. At year end it held assets of $1.4m against liabilities of $7,937, net assets of $1.4m. It reported 2 employees.