Barron County Cooperative Agricultural Fair Society

Analysis

Barron County Cooperative Agricultural Fair Society is a registered charity in United States, based in Rice Lake, WI. It received its IRS tax-exemption ruling in May 1996, 30 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, Barron County Cooperative Agricultural Fair Society reported income of $639k and spending of $447k, leaving 30% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $304k to $639k (+110%), an average of +20% a year. The sharpest change came in the year to October 2021, when income rose by 206%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Barron County Cooperative Agricultural Fair Society sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Kootenai Youth Recreation Organization Inc ($639k), Urban Youth Golf Program Association ($639k) and Thistle Football Club ($638k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $5,793 (1.3% of expenses). Other salaries and wages came to $56k. At year end it held assets of $2.2m against liabilities of $209k, net assets of $2.0m. It reported 27 employees.