Allen County Agricultural Society a Non-Profit Corporation

Analysis

Allen County Agricultural Society a Non-Profit Corporation is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in September 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, Allen County Agricultural Society a Non-Profit Corporation reported income of $4.2m and spending of $3.6m, spending 86% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $2.9m to $4.2m (+42%), an average of +9.2% a year. The sharpest change came in the year to November 2023, when income rose by 61%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Allen County Agricultural Society a Non-Profit Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Youth Justice Network Inc ($4.1m), Visiting Nurse Home Care & Hospice of Carroll County ($4.2m) and Heartland Goodwill Enterprises ($4.1m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $105k (3.0% of expenses). Other salaries and wages came to $384k. At year end it held assets of $1.7m against liabilities of $2,394, net assets of $1.7m. It reported 131 employees.