Watonwan County Agricultural Association

Analysis

Watonwan County Agricultural Association is a registered charity in United States, based in St James, MN. It received its IRS tax-exemption ruling in October 1995, 31 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, Watonwan County Agricultural Association reported income of $148k and spending of $97k, leaving 35% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $135k to $148k (+9.5%), an average of +9.5% a year. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Watonwan County Agricultural Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Little League Baseball Inc ($148k), Gem City Throwbacks ($148k) and Noblesville Elementary Football League ($148k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.