Marion County Agricultural Society Inc

Analysis

Marion County Agricultural Society Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in April 2016, 10 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 November 2023, Marion County Agricultural Society Inc reported income of $1.6m and spending of $1.6m, spending 96% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.0m to $1.6m (+60%), an average of +12% a year. The sharpest change came in the year to November 2021, when income rose by 142%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marion County Agricultural Society Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Shadow Creek Soccer Club ($1.6m), Allegheny Hockey Association ($1.6m) and Milwaukee Jr Admirals Inc ($1.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $51k (3.2% of expenses). Other salaries and wages came to $90k. At year end it held assets of $779k against liabilities of $87k, net assets of $692k. It reported 17 employees.