Portage County Agricultural Society

Analysis

Portage County Agricultural Society is a registered charity in United States, based in Randolph, OH. It received its IRS tax-exemption ruling in February 2021, 5 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 November 2023, Portage County Agricultural Society reported income of $1.0m and spending of $848k, spending 84% of its income. Across the 5 years on record, from November 2019 to November 2023, income fell from $1.2m to $1.0m (-14%), an average of -3.8% a year. The sharpest change came in the year to November 2021, when income rose by 229%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Portage County Agricultural Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Clinton County Womens Center Inc ($1.0m), Communities in Cooperation Inc ($1.0m) and Friends Inc ($1.0m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 8.7% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $38k (4.4% of expenses). Other salaries and wages came to $102k. At year end it held assets of $2.7m against liabilities of $230k, net assets of $2.5m. It reported 70 employees.