Hancock County Agricultural Society

Analysis

Hancock County Agricultural Society is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in January 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, Hancock County Agricultural Society reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income fell from $1.9m to $1.5m (-20%), an average of -5.5% a year. The sharpest change came in the year to November 2021, when income rose by 101%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hancock 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 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Elko Senior Citizen Center Inc ($1.5m), Glenridge Charitable Foundation Inc ($1.5m) and Wisconsin Family Assistance Center for Education Training and Support ($1.5m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 17% and program service revenue 31% of the total. Other salaries and wages came to $139k. At year end it held assets of $1.5m against liabilities of $186k, net assets of $1.3m. It reported 9 employees.