Madison County Agricultural Society

Analysis

Madison County Agricultural Society is a registered charity in United States, based in London, OH. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 November 2022, Madison County Agricultural Society reported income of $667k and spending of $828k, spending 124% of what it took in. Across the 4 years on record, from November 2019 to November 2022, income grew from $480k to $667k (+39%), an average of +12% a year. The sharpest change came in the year to November 2021, when income rose by 100%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Madison County Agricultural Society sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Permian Basin Youth Football League ($667k), Beyond the Ball NFP ($668k) and Atlanta Project Youth Program Inc ($666k).

On its Form 990 for the period ending November 2022, revenue came from contributions and grants 32% and program service revenue 23% of the total. Other salaries and wages came to $49k. At year end it held assets of $38k against liabilities of $11k, net assets of $27k. It reported 4 employees.