Blue Earth County Fair Association

Analysis

Blue Earth County Fair Association is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in March 2018, 8 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 December 2023, Blue Earth County Fair Association reported income of $265k and spending of $267k, spending 101% of its income. Across the 6 years on record, from October 2019 to December 2023, income grew from $170k to $265k (+56%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 3357%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Blue Earth County Fair Association sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Smoky Mountain Event Center Inc ($265k), Performance Initiatives Inc ($265k) and Northwest Youth Rodeo Association ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $491k against liabilities of $26k, net assets of $465k.