Union County Fair Assn

Analysis

Union County Fair Assn is a registered charity in United States, based in Clayton, NM. It received its IRS tax-exemption ruling in April 2016, 10 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, Union County Fair Assn reported income of $531k and spending of $570k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $531k (+104%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Union County Fair Assn sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NM. Charities of a similar size with the same main cause include Ignite Volleyball Academy ($530k), Westonka Sports Association ($531k) and Hilton Head Island Foundation to Support Youth Sports Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.