Ohio County & Independent Agricultural Societies Belmont

Analysis

Ohio County & Independent Agricultural Societies Belmont is a registered charity in United States, based in St Clairsvle, OH. It received its IRS tax-exemption ruling in November 2015, 11 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, Ohio County & Independent Agricultural Societies Belmont reported income of $1.6m and spending of $630k, leaving 60% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $392k to $1.6m (+305%), an average of +42% a year. The sharpest change came in the year to November 2021, when income rose by 119%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ohio County & Independent Agricultural Societies Belmont sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include The Movement Team Inc ($1.6m), The Hunger and Health Coalition Inc ($1.6m) and Duncan Heights Inc ($1.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 81% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $18k (2.9% of expenses). Other salaries and wages came to $45k. At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m. It reported 8 employees.