Van Wert County Agricultural Society

Analysis

Van Wert County Agricultural Society is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in February 2020, 6 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, Van Wert County Agricultural Society reported income of $1.5m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $772k to $1.5m (+99%), an average of +19% a year. The sharpest change came in the year to November 2021, when income rose by 62%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Van Wert County Agricultural Society sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Open Buffalo Inc ($1.5m), Larche Noah Sealth of Seattle ($1.5m) and Rediscover Center Inc ($1.5m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 44% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $41k (2.6% of expenses). Other salaries and wages came to $197k. At year end it held assets of $956k against liabilities of $799k, net assets of $156k. It reported 11 employees.