Monroe County Agricultural Society

Analysis

Monroe County Agricultural Society is a registered charity in United States, based in Tomah, WI. It received its IRS tax-exemption ruling in June 1973, 53 years ago. 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, Monroe County Agricultural Society reported income of $911k and spending of $878k, spending 96% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $867k to $911k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to October 2021, when income rose by 533%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monroe County Agricultural Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Dakota Hill Housng Corporation ($911k), Addiction & Behavioral Health Center Inc ($911k) and Future Farmers of America State Associations & Local Chapter ($911k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 3.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $6,000 (0.7% of expenses). Other salaries and wages came to $85k. At year end it held assets of $1.2m against liabilities of $523, net assets of $1.2m. It reported 76 employees.