Owen County Fair Association Incorporated

Analysis

Owen County Fair Association Incorporated is a registered charity in United States, based in Spencer, IN. It received its IRS tax-exemption ruling in May 1945, 81 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Owen County Fair Association Incorporated reported income of $253k and spending of $262k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $253k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Owen County Fair Association Incorporated 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 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include United Sports Soccer Club ($253k), Sugar Land Cultural Arts Foundation ($253k) and Cal Baseball Foundation ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 73% of the total. At year end it held assets of $621k against liabilities of $53k, net assets of $567k.