Meigs County Agricultural Society
Analysis
Meigs County Agricultural Society is a registered charity in United States, based in Coolville, OH. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Meigs County Agricultural Society reported income of $751k and spending of $682k, spending 91% of its income. Across the 3 years on record, from November 2019 to November 2022, income grew from $655k to $751k (+15%), an average of +7.1% a year. The sharpest change came in the year to November 2022, when income rose by 46%. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meigs County Agricultural Society sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Richwood Independent Agricultural Fair ($751k), Red Hook Playgroup Inc ($751k) and Loving Arms Early Learning Center ($751k).
On its Form 990 for the period ending November 2022, revenue came from contributions and grants 3.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $6,750 (1.0% of expenses). Other salaries and wages came to $13k. At year end it held assets of $343k against liabilities of $0, net assets of $343k.
Income and spending
Where the income comes from
- Contributions & grants 3.1%
- Program services 89%
- Other 8.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Richwood Independent Agricultural Fair | Richwood | $751k |
| Red Hook Playgroup Inc | New York | $751k |
| Loving Arms Early Learning Center | Iowa City | $751k |
| Guyanese Diaspora Charity | Blue Bell | $751k |