Kankakee County Fair & Exposition Inc

Analysis

Kankakee County Fair & Exposition Inc is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in November 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Kankakee County Fair & Exposition Inc reported income of $517k and spending of $565k, spending 109% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $481k to $517k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to October 2021, when income rose by 235%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kankakee County Fair & Exposition Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include College Conference of Illinois and Wisconsin ($517k), World Ice Association Inc ($517k) and Glen Ridge Athletic Association ($517k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 8.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $41k (7.2% of expenses). Other salaries and wages came to $49k. At year end it held assets of $565k against liabilities of $5,990, net assets of $559k. It reported 11 employees.