Stark County Agricultural Society Inc

Analysis

Stark County Agricultural Society Inc is a registered charity in United States, based in Canton, 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, Stark County Agricultural Society Inc reported income of $5.0m and spending of $4.6m, spending 93% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $2.2m to $5.0m (+127%), an average of +23% a year. The sharpest change came in the year to November 2021, when income rose by 130%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stark County Agricultural Society Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include The Improvement Association ($5.0m), Community Action Committee of Victoria Texas ($5.0m) and Miracle Food Network Inc ($5.0m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 47% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $29k (0.6% of expenses). Other salaries and wages came to $85k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 8 employees.