Barnstable County Agricultural Society Inc

Analysis

Barnstable County Agricultural Society Inc is a registered charity in United States, based in East Falmouth, MA. It received its IRS tax-exemption ruling in November 1974, 52 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 December 2023, Barnstable County Agricultural Society Inc reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $942k to $1.3m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 7169%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Barnstable County Agricultural Society Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Walkers Point Youth and Family Center Inc ($1.3m), Family Service of El Paso Inc ($1.3m) and National Fatherhood Initiative ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $100k (7.0% of expenses). Other salaries and wages came to $189k. At year end it held assets of $2.3m against liabilities of $558k, net assets of $1.8m. It reported 44 employees.