Furnas County Agricultural Society

Analysis

Furnas County Agricultural Society is a registered charity in United States, based in Beaver City, NE. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 November 2023, Furnas County Agricultural Society reported income of $172k and spending of $206k, spending 120% of what it took in. Across the 3 years on record, from November 2021 to November 2023, income fell from $201k to $172k (-14%), an average of -7.4% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Furnas County Agricultural Society sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NE. Charities of a similar size with the same main cause include Evangelical Council for Abuse Prevention Inc ($172k), William and Janet Strickler Nonprofit Center ($172k) and St Luke Community Christian Center ($172k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 2.9% of the total. At year end it held assets of $523k against liabilities of $191k, net assets of $332k.