Northwest Florida Fair Association Inc

Analysis

Northwest Florida Fair Association Inc is a registered charity in United States, based in Ft Walton BCH, FL. It received its IRS tax-exemption ruling in August 1974, 52 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwest Florida Fair Association Inc reported income of $167k and spending of $203k, spending 121% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $228k to $167k (-26%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northwest Florida Fair Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Americas Finest City Softball League ($167k), Seneca Valley Jr Football Association of Cranberry ($167k) and Bourbonnais Braves ($167k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $26k. At year end it held assets of $334k against liabilities of $490, net assets of $333k. It reported 2 employees.