Monroe County Agricultural Society

Analysis

Monroe County Agricultural Society is a registered charity in United States, based in Woodsfield, OH. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Monroe County Agricultural Society reported income of $454k and spending of $359k, leaving 21% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $432k to $454k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to November 2021, when income rose by 591%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monroe County Agricultural Society sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Northeast Raiders Youth Association Inc ($454k), New Jersey Athletic Conference ($455k) and Pajaro Valley Youth Soccer Club ($454k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 18% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $6,170 (1.7% of expenses). Other salaries and wages came to $702. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.