Marquette County Fair

Analysis

Marquette County Fair is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in September 2014, 12 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, Marquette County Fair reported income of $390k and spending of $424k, spending 109% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $276k to $390k (+41%), an average of +9.0% a year. The sharpest change came in the year to October 2021, when income rose by 450%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marquette County Fair sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Texas Communications Expo Inc ($390k), Senior Citizens Council of Rome New York Inc ($390k) and End Slavery Georgia Inc ($390k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 5.5% and program service revenue 78% of the total. Other salaries and wages came to $3,345. At year end it held assets of $685k against liabilities of $173, net assets of $685k. It reported 1 employees.