Norman County Agricultural Society

Analysis

Norman County Agricultural Society is a registered charity in United States, based in Ada, MN. It received its IRS tax-exemption ruling in November 1951, 75 years ago. 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 2023, Norman County Agricultural Society reported income of $76k and spending of $73k, spending 96% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $57k to $76k (+33%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 17%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norman County Agricultural Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Vestavia Hills Parent Teacher Organization Inc ($76k), General Federation of Womens Club ($76k) and Burbank Historical Society ($75k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $738k against liabilities of $30k, net assets of $708k.