Ohio Equine and Agricultural Association Inc

Analysis

Ohio Equine and Agricultural Association Inc is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in May 2005, 21 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, Ohio Equine and Agricultural Association Inc reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ohio Equine and Agricultural Association Inc 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 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Port Washington Youth Activities Inc ($1.6m), Glenview Youth Soccer Association Inc ($1.6m) and League 42 Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $10k (0.7% of expenses). Other salaries and wages came to $282k. At year end it held assets of $3.6m against liabilities of $3.6m, net assets of $16k. It reported 18 employees.