Carter County Fair Inc

Analysis

Carter County Fair Inc is a registered charity in United States, based in Grayson, KY. It received its IRS tax-exemption ruling in February 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Carter County Fair Inc reported income of $91k and spending of $110k, spending 120% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $68k to $91k (+34%), an average of +7.6% a year. The sharpest change came in the year to March 2022, when income rose by 387%. 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, Carter County Fair Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within KY. Charities of a similar size with the same main cause include Jefferson Boys Lacrosse Association ($91k), Mukwonago Wrestling Club Inc ($91k) and North Mississippi Hill Countrypicnic Inc ($91k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $338k against liabilities of $70k, net assets of $268k.