Stearns County Fair Association

Analysis

Stearns County Fair Association is a registered charity in United States, based in Sauk Centre, MN. It received its IRS tax-exemption ruling in August 2002, 24 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 October 2023, Stearns County Fair Association reported income of $387k and spending of $279k, leaving 28% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $227k to $387k (+70%), an average of +14% a year. The sharpest change came in the year to October 2021, when income rose by 232%. 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, Stearns County Fair Association sits at the 82nd percentile: it is larger than about 82% 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 Buffalo Turners Inc ($387k), Greenhaven Soccer Club of Sacramento ($387k) and Kentucky Basketball Hall of Fame ($387k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Other salaries and wages came to $8,589. At year end it held assets of $357k against liabilities of $20k, net assets of $337k. It reported 28 employees.