Spencer County Fair Inc

Analysis

Spencer County Fair Inc is a registered charity in United States, based in Rockport, IN. It received its IRS tax-exemption ruling in May 2005, 21 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 December 2023, Spencer County Fair Inc reported income of $94k and spending of $31k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $94k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spencer County Fair Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IN. Charities of a similar size with the same main cause include Fair Play Fire Engine and Hose Company No 1 ($94k), Marquette Hockey Club Parents Assoc Inc ($94k) and Charlottesville High School Band Boosters ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $335k against liabilities of $2,588, net assets of $332k.