Benton County Agricultural Society

Analysis

Benton County Agricultural Society is a registered charity in United States, based in Sauk Rapids, MN. It received its IRS tax-exemption ruling in December 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Benton County Agricultural Society reported income of $769k and spending of $767k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $694k to $769k (+11%), an average of +2.6% a year. The sharpest change came in the year to September 2021, when income rose by 1532%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Benton County Agricultural Society sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Courage Worldwide Inc ($768k), Tag Foundation for Social Development ($769k) and True Light Family Resource Center ($768k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 101% of the total. Compensation of current officers, directors and key employees was $14k (1.9% of expenses). Other salaries and wages came to $50k. At year end it held assets of $1.6m against liabilities of $5,937, net assets of $1.6m. It reported 82 employees.