Calumet County Agricultural Association

Analysis

Calumet County Agricultural Association is a registered charity in United States, based in Hilbert, WI. It received its IRS tax-exemption ruling in November 1974, 52 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, Calumet County Agricultural Association reported income of $421k and spending of $351k, spending 83% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $330k to $421k (+27%), an average of +6.3% a year. The sharpest change came in the year to October 2021, when income rose by 311%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Calumet County Agricultural Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Palmetto Electric Trust ($421k), East Blue Hill Library Association ($421k) and Little League Baseball Inc ($421k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $4,529 (1.3% of expenses). Other salaries and wages came to $22k. At year end it held assets of $1.7m against liabilities of $17k, net assets of $1.7m. It reported 9 employees.