Olmsted County Agricultural Association

Analysis

Olmsted County Agricultural Association is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Olmsted County Agricultural Association reported income of $401k and spending of $441k, spending 110% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $47k to $401k (+763%), an average of +105% a year. The sharpest change came in the year to September 2021, when income rose by 660%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olmsted County Agricultural Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Life Foundation Inc ($401k), Canaan Christian Academy Inc ($401k) and Buckskin Activities Alliance ($401k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $26k. At year end it held assets of $21k against liabilities of $0, net assets of $21k. It reported 38 employees.