Ashland County Agricultural Society Inc

Analysis

Ashland County Agricultural Society Inc is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in June 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, Ashland County Agricultural Society Inc reported income of $1.2m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $985k to $1.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to November 2021, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashland County Agricultural Society Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Food Bank of Nevada County Inc ($1.2m), Enon Coulter Development Corporation ($1.2m) and Pause for Parents Play for Kids Inc ($1.2m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Other salaries and wages came to $226k. At year end it held assets of $2.4m against liabilities of $23k, net assets of $2.4m. It reported 73 employees.