Pine County Agricultural Society

Analysis

Pine County Agricultural Society is a registered charity in United States, based in Pine City, MN. It received its IRS tax-exemption ruling in February 2015, 11 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 2024, Pine County Agricultural Society reported income of $384k and spending of $256k, leaving 33% of income unspent that year. Across the 5 years on record, from September 2020 to September 2024, income grew from $76k to $384k (+409%), an average of +50% a year. The sharpest change came in the year to September 2021, when income rose by 324%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pine County Agricultural Society sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Live Work Eat Grow Inc ($384k), Wintercare Energy Fund Inc ($384k) and Southside Senior & Community Center ($384k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 21% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $3,000 (1.2% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.