The Holmes County Agricultural Society Inc

Analysis

The Holmes County Agricultural Society Inc is a registered charity in United States, based in Millersburg, OH. It received its IRS tax-exemption ruling in March 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, The Holmes County Agricultural Society Inc reported income of $2.0m and spending of $2.2m, spending 108% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.3m to $2.0m (+56%), an average of +12% a year. The sharpest change came in the year to November 2022, when income rose by 54%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Holmes County Agricultural Society Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Economic Action Committee of the Gulf Coast ($2.0m), Ujft Community Campus L L C ($2.0m) and Unbridledacts ($2.0m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 11% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $6,500 (0.3% of expenses). Other salaries and wages came to $138k. At year end it held assets of $6.4m against liabilities of $14k, net assets of $6.3m. It reported 9 employees.