Stevens County Agricultural Society

Analysis

Stevens County Agricultural Society is a registered charity in United States, based in Morris, MN. It received its IRS tax-exemption ruling in April 2019, 7 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 October 2023, Stevens County Agricultural Society reported income of $396k and spending of $394k, spending 100% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $207k to $396k (+91%), an average of +18% a year. The sharpest change came in the year to October 2021, when income rose by 103%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stevens County Agricultural Society 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 Boilermaker Aquatics Inc ($396k), North Haverhill Fair Association ($396k) and Friends of Team Armenia Basketball ($396k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 23% and program service revenue 80% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.