Laporte County Agricultural Association

Analysis

Laporte County Agricultural Association is a registered charity in United States, based in Laporte, IN. It received its IRS tax-exemption ruling in February 1954, 72 years ago. 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 2024, Laporte County Agricultural Association reported income of $1.3m and spending of $1.4m, spending 103% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $856k to $1.3m (+55%), an average of +9.1% a year. The sharpest change came in the year to September 2021, when income rose by 413%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laporte County Agricultural Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Brea Soccer Association ($1.3m), Anishinabe Legal Service Inc ($1.3m) and Iyengar Yoga Association of Greater New York ($1.3m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 6.8% and program service revenue 88% of the total. Other salaries and wages came to $65k. At year end it held assets of $1.2m against liabilities of $381k, net assets of $770k. It reported 5 employees.