Newaygo County Agricultural Fair Assn

Analysis

Newaygo County Agricultural Fair Assn is a registered charity in United States, based in Fremont, MI. It received its IRS tax-exemption ruling in April 1957, 69 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Newaygo County Agricultural Fair Assn reported income of $672k and spending of $352k, leaving 48% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $229k to $672k (+193%), an average of +31% a year. The sharpest change came in the year to October 2022, when income rose by 421%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newaygo County Agricultural Fair Assn sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Ace Opportunities ($672k), Adults Working and Advocating for Kids Empowerment Awake ($672k) and Abba Fund Inc ($672k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 50% and program service revenue 44% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.