Morgan County Agricultural Society

Analysis

Morgan County Agricultural Society is a registered charity in United States, based in McConnelsvle, OH. It received its IRS tax-exemption ruling in January 2018, 8 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Morgan County Agricultural Society reported income of $498k and spending of $456k, spending 92% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $311k to $498k (+60%), an average of +12% a year. The sharpest change came in the year to November 2021, when income rose by 107%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Morgan County Agricultural Society sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Arkanum ($497k), Ynot Outdoors Inc ($498k) and The Embrace Girls Foundation Inc ($496k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 62% and program service revenue 21% of the total. Other salaries and wages came to $6,500. At year end it held assets of $223k against liabilities of $30k, net assets of $193k.