Fayette County Free Fair Association Inc

Analysis

Fayette County Free Fair Association Inc is a registered charity in United States, based in Connersville, IN. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Fayette County Free Fair Association Inc reported income of $74k and spending of $124k, spending 168% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $79k to $74k (-6.4%), an average of -1.6% a year. The sharpest change came in the year to September 2021, when income rose by 164%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fayette County Free Fair Association Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Platinum Minds Inc ($74k), Langley Park Boys Club Incorporated ($74k) and Epic Transitions ($74k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.5% of the total. Compensation of current officers, directors and key employees was $1,440 (1.2% of expenses). Other salaries and wages came to $7,410. At year end it held assets of $507k against liabilities of $38k, net assets of $469k. It reported 11 employees.