Carroll Co Agriculture Center

Analysis

Carroll Co Agriculture Center is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in January 1969, 57 years ago. 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 December 2023, Carroll Co Agriculture Center reported income of $1.3m and spending of $263k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $1.3m (+1762%), an average of +108% a year. The sharpest change came in the year to December 2021, when income rose by 2395%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carroll Co Agriculture Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Resurrection House Association ($1.3m), Boy Scouts of America ($1.3m) and Jenkintown Day Nursery ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 6.8% of the total. Other salaries and wages came to $130k. At year end it held assets of $5.7m against liabilities of $4.1m, net assets of $1.7m. It reported 15 employees.