Wayne County Agricultural Society Inc

Analysis

Wayne County Agricultural Society Inc is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in August 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, Wayne County Agricultural Society Inc reported income of $2.5m and spending of $2.6m, spending 102% of its income. Across the 5 years on record, from November 2019 to November 2023, income fell from $5.3m to $2.5m (-52%), an average of -17% a year. The sharpest change came in the year to November 2021, when income rose by 155%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayne County Agricultural Society Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include New Journey Community Outreach Inc ($2.5m), Lamoille Family Center Inc ($2.5m) and East Harlem Block Nursery Inc ($2.5m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 21% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $172k (6.7% of expenses). At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m. It reported 11 employees.