Hartford Independent Agricultural Society

Analysis

Hartford Independent Agricultural Society is a registered charity in United States, based in Croton, OH. It received its IRS tax-exemption ruling in August 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, Hartford Independent Agricultural Society reported income of $1.9m and spending of $1.2m, leaving 34% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.2m to $1.9m (+61%), an average of +13% a year. The sharpest change came in the year to November 2021, when income rose by 47%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hartford Independent Agricultural Society sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Irvine Soccer Club ($1.9m), Mobile Carnival Association Inc ($1.9m) and Rising Stars Inc ($1.9m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 27% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $9,534 (0.8% of expenses). Other salaries and wages came to $121k. At year end it held assets of $2.6m against liabilities of $3,900, net assets of $2.6m. It reported 6 employees.