Morrow County Agricultural Society Inc
Analysis
Morrow County Agricultural Society Inc is a registered charity in United States, based in Mount Gilead, 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 2023, Morrow County Agricultural Society Inc reported income of $835k and spending of $598k, leaving 28% of income unspent that year. Across the 4 years on record, from November 2019 to November 2023, income grew from $533k to $835k (+56%), an average of +16% a year. The sharpest change came in the year to November 2022, when income rose by 172%. Over the whole period it spent 87% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morrow County Agricultural Society Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Konscious Youth Development & Service ($835k), Mission Plus One ($835k) and Feed the Hungry San Miguel Inc ($835k).
On its Form 990 for the period ending November 2023, revenue came from contributions and grants 25% and program service revenue 43% of the total. Other salaries and wages came to $46k. At year end it held assets of $599k against liabilities of $0, net assets of $599k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 43%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Konscious Youth Development & Service | Asbury Park | $835k |
| Mission Plus One | Lake Mary | $835k |
| Feed the Hungry San Miguel Inc | Laredo | $835k |
| Lifeology Az Inc | Phoenix | $835k |