Iowa County Fair Society Inc

Analysis

Iowa County Fair Society Inc is a registered charity in United States, based in Mineral Point, WI. It received its IRS tax-exemption ruling in June 1944, 82 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending September 2023, Iowa County Fair Society Inc reported income of $554k and spending of $566k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $403k to $554k (+37%), an average of +8.3% a year. The sharpest change came in the year to September 2021, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iowa County Fair Society Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Junior League Columbia Inc ($554k), Ayala Band and Color Guard Boosters ($554k) and United Way of the River Cities Foundation Inc ($554k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 80% of the total. Other salaries and wages came to $6,163. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 4 employees.