The Summit County Agricultural Society of Ohio

Analysis

The Summit County Agricultural Society of Ohio is a registered charity in United States, based in Tallmadge, OH. It received its IRS tax-exemption ruling in March 2017, 9 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 Summit County Agricultural Society of Ohio reported income of $1.8m and spending of $1.6m, spending 86% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $912k to $1.8m (+98%), an average of +19% a year. The sharpest change came in the year to November 2021, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Summit County Agricultural Society of Ohio sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Gladiolus Food Pantry Inc ($1.8m), Living Independence for Everyone ($1.8m) and Womens Center of Tarrant County Foundation ($1.8m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 41% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $131k (8.4% of expenses). Other salaries and wages came to $117k. At year end it held assets of $1.1m against liabilities of $300k, net assets of $781k. It reported 13 employees.