Tipton County Event Center at the Fairgrounds Inc

Analysis

Tipton County Event Center at the Fairgrounds Inc is a registered charity in United States, based in Tipton, IN. It received its IRS tax-exemption ruling in May 2007, 19 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, Tipton County Event Center at the Fairgrounds Inc reported income of $265k and spending of $228k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $211k to $265k (+26%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tipton County Event Center at the Fairgrounds Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include 10th Mountain Lacrosse Inc ($265k), Reisterstown Area Recreation and Parks Council ($265k) and Valley Area Swim Team Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Other salaries and wages came to $12k. At year end it held assets of $492k against liabilities of $0, net assets of $492k. It reported 1 employees.