Ionia Free Fair Association

Analysis

Ionia Free Fair Association is a registered charity in United States, based in Ionia, MI. It received its IRS tax-exemption ruling in November 1939, 87 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 September 2023, Ionia Free Fair Association reported income of $1.8m and spending of $1.4m, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.8m (+41%), an average of +9.0% a year. The sharpest change came in the year to September 2021, when income rose by 610%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ionia Free Fair Association sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Connecticut Junior Soccer Association Inc ($1.7m), United States Hang Gliding and Paragliding Association ($1.8m) and Vietnamese American Communitycenter of the East Bay ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 21% and program service revenue 70% of the total. Other salaries and wages came to $133k. At year end it held assets of $2.3m against liabilities of $82k, net assets of $2.2m. It reported 5 employees.