Houghton County Fair Association

Analysis

Houghton County Fair Association is a registered charity in United States, based in Hancock, MI. It received its IRS tax-exemption ruling in January 1993, 33 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, Houghton County Fair Association reported income of $441k and spending of $330k, leaving 25% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $230k to $441k (+91%), an average of +18% a year. The sharpest change came in the year to October 2021, when income rose by 210%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Houghton County Fair Association 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 MI. Charities of a similar size with the same main cause include Radnor Aquatic Club Inc ($441k), Capital Soccer Club Inc ($441k) and Bulldogs Sports Complex Inc ($441k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 16% and program service revenue 77% of the total. At year end it held assets of $606k against liabilities of $60k, net assets of $546k.