Chippewa County Fair Association

Analysis

Chippewa County Fair Association is a registered charity in United States, based in Montevideo, MN. It received its IRS tax-exemption ruling in March 2011, 15 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 September 2023, Chippewa County Fair Association reported income of $276k and spending of $225k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $163k to $276k (+69%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 103%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chippewa County Fair Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include CBHM Inc ($276k), Legion Community Foundation ($276k) and Vasa Inc ($276k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 48% and program service revenue 30% of the total. Other salaries and wages came to $1,500. At year end it held assets of $970k against liabilities of $250k, net assets of $719k. It reported 2 employees.