Lucas County Agricultural Society

Analysis

Lucas County Agricultural Society is a registered charity in United States, based in Maumee, OH. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Lucas County Agricultural Society reported income of $376k and spending of $430k, spending 114% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $246k to $376k (+53%), an average of +11% a year. The sharpest change came in the year to November 2020, when income rose by 21%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lucas County Agricultural Society sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Village Halloween Parade Inc ($376k), Saluda Shoals Foundation ($377k) and Friends of Front Range Wildlife Refuges ($376k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 30% and program service revenue 32% of the total. Other salaries and wages came to $65k. At year end it held assets of -$30k against liabilities of $11k, net assets of -$40k. It reported 2 employees.