Monroe County Fair Association
Analysis
Monroe County Fair Association is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in October 1979, 47 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, Monroe County Fair Association reported income of $1.8m and spending of $1.9m, spending 101% of its income. Across the 4 years on record, from October 2020 to October 2023, income grew from $27k to $1.8m (+6725%), an average of +309% a year. The sharpest change came in the year to October 2021, when income rose by 5326%. 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, Monroe County Fair Association sits at the 96th percentile: it is larger than about 96% 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 M&n Sports Inc ($1.8m), First Tee of Cleveland ($1.8m) and Truckee Meadows Parks Foundation ($1.8m).
On its Form 990 for the period ending October 2023, revenue came from program service revenue 102% of the total. Other salaries and wages came to $127k. At year end it held assets of $7.0m against liabilities of $1.0m, net assets of $6.0m. It reported 10 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| M&n Sports Inc | Bronx | $1.8m |
| First Tee of Cleveland | Newburgh HTS | $1.8m |
| Truckee Meadows Parks Foundation | Reno | $1.8m |
| Detroit Country Club Inc | Detroit Lakes | $1.8m |