Beltrami County Agricultural Association

Analysis

Beltrami County Agricultural Association is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in October 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Beltrami County Agricultural Association reported income of $331k and spending of $300k, spending 90% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $91k to $331k (+264%), an average of +54% a year. The sharpest change came in the year to September 2021, when income rose by 191%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Beltrami County Agricultural Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Bloomer Area Aquatic and Recreation Center Inc ($331k), Victory Formation Foundation Inc ($331k) and Adaptive Sports New England Inc ($331k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $500 (0.2% of expenses). Other salaries and wages came to $32k. At year end it held assets of $881k against liabilities of $3,902, net assets of $877k. It reported 16 employees.