Guthrie County Fair Foundation

Analysis

Guthrie County Fair Foundation is a registered charity in United States, based in Guthrie Ctr, IA. It received its IRS tax-exemption ruling in April 2016, 10 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, Guthrie County Fair Foundation reported income of $136k and spending of $161k, spending 119% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $203k to $136k (-33%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Guthrie County Fair Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include SCC Swat Fast Pitch ($136k), Muskego Athletic Assn ($136k) and Woodbridge Aquatic Club Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.