Carroll County Fair Association Foundation Inc

Analysis

Carroll County Fair Association Foundation Inc is a registered charity in United States, based in Carrollton, KY. It received its IRS tax-exemption ruling in March 1997, 29 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, Carroll County Fair Association Foundation Inc reported income of $535k and spending of $437k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $535k (+131%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Carroll County Fair Association Foundation Inc 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 72nd percentile within KY. Charities of a similar size with the same main cause include Trussville United Soccer Club Inc ($534k), Poway Youth Soccer League Inc ($535k) and Lampasas Economic Development Corporation ($534k).

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 $814k against liabilities of $390k, net assets of $425k.