Mineral County Fairgrounds Association

Analysis

Mineral County Fairgrounds Association is a registered charity in United States, based in Creede, CO. It received its IRS tax-exemption ruling in January 2004, 22 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 December 2023, Mineral County Fairgrounds Association reported income of $95k and spending of $91k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $49k to $95k (+96%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mineral County Fairgrounds Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Westwood Football Booster Club Inc ($95k), Youth New England Wrestling Inc ($95k) and Van Reed Vanguards Athletic Association ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $308k against liabilities of $0, net assets of $308k.