Wayne County Fair Association Inc

Analysis

Wayne County Fair Association Inc is a registered charity in United States, based in Van Buren TWP, MI. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Wayne County Fair Association Inc reported income of $554k and spending of $514k, spending 93% of its income. Across the 4 years on record, from October 2019 to October 2023, income grew from $392k to $554k (+41%), an average of +12% a year. The sharpest change came in the year to October 2022, when income rose by 43%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wayne County Fair Association Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include I Believe in Me Inc ($554k), Just Do It Now Inc ($554k) and Weavers Way Community Programs ($553k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 22% of the total. Other salaries and wages came to $131k. At year end it held assets of $2.3m against liabilities of $244k, net assets of $2.0m. It reported 8 employees.