Our Fair Carousel Inc

Analysis

Our Fair Carousel Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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, Our Fair Carousel Inc reported income of $160k and spending of $171k, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $135k to $160k (+18%), an average of +4.2% a year. The sharpest change came in the year to September 2021, when income rose by 213%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Fair Carousel Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Le Claire Elderly Housing Corp ($160k), Reedville Baseball Inc ($160k) and County Line Volunteer Fire Dept ($160k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. At year end it held assets of $1.6m against liabilities of $32k, net assets of $1.6m. It reported 6 employees.