Devon Horse Show and County Fair Foundation

Analysis

Devon Horse Show and County Fair Foundation is a registered charity in United States, based in Devon, PA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Devon Horse Show and County Fair Foundation reported income of $1.3m and spending of $666k, leaving 49% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $820k to $1.3m (+60%), an average of +12% a year. The sharpest change came in the year to October 2023, when income rose by 78%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Devon Horse Show and County Fair Foundation 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 80th percentile within PA. Charities of a similar size with the same main cause include Far Post Soccer Club Inc ($1.3m), St Francis Desales High Schoolfoundation Inc ($1.3m) and Tennis Memphis Inc ($1.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $9.4m against liabilities of $602k, net assets of $8.8m.