Mahoning County Agricultural Society

Analysis

Mahoning County Agricultural Society is a registered charity in United States, based in Canfield, 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, Mahoning County Agricultural Society reported income of $6.3m and spending of $6.3m, spending 100% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $4.0m to $6.3m (+56%), an average of +12% a year. The sharpest change came in the year to November 2021, when income rose by 73%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mahoning County Agricultural Society sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Memorial Day Nursery ($6.3m), Northwest Community Action Programs of Wyoming Inc ($6.3m) and Disability Resource Association Inc ($6.3m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 32% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $131k (2.1% of expenses). Other salaries and wages came to $883k. At year end it held assets of $2.2m against liabilities of $977k, net assets of $1.2m. It reported 510 employees.