Knox County Farm Fair Inc

Analysis

Knox County Farm Fair Inc is a registered charity in United States, based in Bicknell, IN. It received its IRS tax-exemption ruling in May 2001, 25 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 December 2023, Knox County Farm Fair Inc reported income of $253k and spending of $192k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $253k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 272%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Knox County Farm Fair Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Mississippi Junior Miss Program Inc ($253k), Bosnia & Herzegovinian American Community Center ($253k) and Municipal Park Baseball Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 60% of the total. Other salaries and wages came to $14k. At year end it held assets of $574k against liabilities of $53k, net assets of $521k. It reported 1 employees.