Wabasha County Agricultural Fair Association Inc

Analysis

Wabasha County Agricultural Fair Association Inc is a registered charity in United States, based in Wabasha, MN. It received its IRS tax-exemption ruling in December 2019, 7 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 (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 2024, Wabasha County Agricultural Fair Association Inc reported income of $199k and spending of $131k, leaving 34% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income grew from $172k to $199k (+16%), an average of +16% a year. The sharpest change came in the year to September 2024, when income rose by 16%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wabasha County Agricultural Fair Association Inc 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 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Family Basketball Organization of Detroit ($199k), Metro South Hockey League Inc ($199k) and Tacoma Athletic Commission Inc ($199k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 50% and program service revenue 39% of the total. At year end it held assets of $581k against liabilities of $100k, net assets of $481k.