Georgetown Agricultural Fair Association Inc

Analysis

Georgetown Agricultural Fair Association Inc is a registered charity in United States, based in Georgetown, IL. It received its IRS tax-exemption ruling in November 2012, 14 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 December 2023, Georgetown Agricultural Fair Association Inc reported income of $443k and spending of $440k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $704k to $443k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Georgetown Agricultural Fair Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($443k), Commerce Wixom Wolverine Walled Lake Soccer Association ($443k) and Four Hearts Foundation ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 89% of the total. Other salaries and wages came to $5,409. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 2 employees.