Western Carolina State Fair Foundation Inc

Analysis

Western Carolina State Fair Foundation Inc is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in August 2009, 17 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 2022, Western Carolina State Fair Foundation Inc reported income of $1.0m and spending of $818k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $773k to $1.0m (+31%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 337%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Western Carolina State Fair Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Greater Canandaigua Civic Center Inc ($1.0m), Colorado Springs Youth Sports Complex Inc ($1.0m) and Pittsburgh Amateur Predators Hockey Association ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 95% of the total. At year end it held assets of $1.6m against liabilities of $26k, net assets of $1.5m.