Winnebago County Fair Association Inc

Analysis

Winnebago County Fair Association Inc is a registered charity in United States, based in Pecatonica, IL. It received its IRS tax-exemption ruling in February 2020, 6 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, Winnebago County Fair Association Inc reported income of $1.0m and spending of $918k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $755k to $1.0m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 260%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winnebago County Fair Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Buckhead Baseball Inc ($1.0m), McKinney North Stars Hockey Club ($1.0m) and Trout Unlimited ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $12k (1.3% of expenses). Other salaries and wages came to $104k. At year end it held assets of $1.3m against liabilities of $281k, net assets of $1.1m. It reported 38 employees.