Roseau County Agricultural Society

Analysis

Roseau County Agricultural Society is a registered charity in United States, based in Roseau, MN. It received its IRS tax-exemption ruling in November 1981, 45 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 September 2024, Roseau County Agricultural Society reported income of $370k and spending of $362k, spending 98% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $44k to $370k (+741%), an average of +70% a year. The sharpest change came in the year to September 2021, when income rose by 663%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roseau County Agricultural Society sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Boy Scouts of America ($370k), Lutheran Home Winston-Salem Property Inc ($370k) and South Carolina Arts Alliance ($370k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $11k (3.0% of expenses). Other salaries and wages came to $14k. At year end it held assets of $662k against liabilities of $3,164, net assets of $659k. It reported 7 employees.