Huron County Agricultural Society

Analysis

Huron County Agricultural Society is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in October 2016, 10 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, Huron County Agricultural Society reported income of $1.9m and spending of $1.2m, leaving 35% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.2m to $1.9m (+55%), an average of +12% a year. The sharpest change came in the year to November 2021, when income rose by 200%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Huron County Agricultural Society 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 Family Crisis Center of Walker Dade Catoosa & Chattooga Counties Inc ($1.9m), Alaska Family Child Care Association ($1.9m) and Family YMCA of Bartlesville Association ($1.9m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $19k (1.6% of expenses). Other salaries and wages came to $33k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 10 employees.