Swift County Fair Association

Analysis

Swift County Fair Association is a registered charity in United States, based in Kerkhoven, MN. It received its IRS tax-exemption ruling in November 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Swift County Fair Association reported income of $473k and spending of $383k, spending 81% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $286k to $473k (+65%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 218%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swift County Fair Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Webster Youth Hockey Association Inc ($473k), Fields of Dreams Uganda Inc ($473k) and Horatio Williams Foundation ($473k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $3,200 (0.8% of expenses). Other salaries and wages came to $6,126. At year end it held assets of $1.2m against liabilities of $25k, net assets of $1.2m. It reported 2 employees.