Mower County Agricultural Society

Analysis

Mower County Agricultural Society is a registered charity in United States, based in Austin, MN. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Mower County Agricultural Society reported income of $589k and spending of $596k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $793k to $589k (-26%), an average of -7.2% a year. The sharpest change came in the year to September 2021, when income rose by 310%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mower County Agricultural Society sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Digambar Jain Sangh of Northern California ($589k), Imeinu Inc ($589k) and Hearts & Minds Inc ($589k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $300 (0.1% of expenses). Other salaries and wages came to $76k. At year end it held assets of $572k against liabilities of -$16k, net assets of $588k. It reported 10 employees.