Montgomery County Fair Inc

Analysis

Montgomery County Fair Inc is a registered charity in United States, based in Mt Sterling, KY. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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, Montgomery County Fair Inc reported income of $80k and spending of $33k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $80k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery County Fair Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within KY. Charities of a similar size with the same main cause include PTA Florida Congress ($80k), PTA Texas Congress ($80k) and Max York Educational Foundation ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.