Posey County Fair Association Inc

Analysis

Posey County Fair Association Inc is a registered charity in United States, based in Mount Vernon, IN. It received its IRS tax-exemption ruling in December 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Posey County Fair Association Inc reported income of $645k and spending of $245k, leaving 62% of income unspent that year. Across the 6 years on record, from November 2019 to August 2024, income grew from $195k to $645k (+231%), an average of +27% a year. The sharpest change came in the year to August 2024, when income rose by 175%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Posey County Fair Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Boys & Girls Club of Western Lane County ($644k), Newyorkrep LLC ($645k) and Serve Management Group Inc ($644k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 79% and program service revenue 18% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.0m against liabilities of $7,720, net assets of $1.0m. It reported 4 employees.