Wood County Agricultural Society

Analysis

Wood County Agricultural Society is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, 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, Wood County Agricultural Society reported income of $1.3m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $900k to $1.3m (+43%), an average of +9.3% a year. The sharpest change came in the year to November 2021, when income rose by 103%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wood County Agricultural Society sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Rise Memphis Inc ($1.3m), High Aspirations Incorporated ($1.3m) and Karimu International Help Foundation ($1.3m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $65k (5.7% of expenses). Other salaries and wages came to $146k. At year end it held assets of $1.1m against liabilities of $18k, net assets of $1.1m. It reported 14 employees.