Houston County Agricultural Society

Analysis

Houston County Agricultural Society is a registered charity in United States, based in Caledonia, MN. It received its IRS tax-exemption ruling in September 2017, 9 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 (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, Houston County Agricultural Society reported income of $365k and spending of $242k, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $331k to $365k (+10%), an average of +2.5% a year. The sharpest change came in the year to September 2023, when income rose by 38%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Houston County Agricultural Society 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 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Promised Learning Center Ltd ($365k), Sunstate Equipment Foundation ($365k) and Hollister House Inc ($365k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $9,000 (3.7% of expenses). At year end it held assets of $666k against liabilities of $4,890, net assets of $661k.