The Putnam County Agricultural Society

Analysis

The Putnam County Agricultural Society is a registered charity in United States, based in Ottawa, 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, The Putnam County Agricultural Society reported income of $504k and spending of $450k, spending 89% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $389k to $504k (+30%), an average of +6.7% a year. The sharpest change came in the year to November 2021, when income rose by 43%. 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, The Putnam County Agricultural Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Cedar Place Inc ($504k), The Centre ($504k) and Port Neches Riverfest ($503k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $26k (5.8% of expenses). Other salaries and wages came to $17k. At year end it held assets of $297k against liabilities of $303, net assets of $297k. It reported 6 employees.