Richwood Independent Agricultural Fair

Analysis

Richwood Independent Agricultural Fair is a registered charity in United States, based in Richwood, OH. It received its IRS tax-exemption ruling in April 2018, 8 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, Richwood Independent Agricultural Fair reported income of $751k and spending of $465k, leaving 38% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $360k to $751k (+108%), an average of +20% a year. The sharpest change came in the year to November 2023, when income rose by 61%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Richwood Independent Agricultural Fair 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 Loving Arms Early Learning Center ($751k), Meigs County Agricultural Society ($751k) and Simply Smiles Inc ($751k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. At year end it held assets of $665k against liabilities of $0, net assets of $665k.