Central Iowa Fair Association Inc

Analysis

Central Iowa Fair Association Inc is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in October 2002, 24 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 June 2023, Central Iowa Fair Association Inc reported income of $212k and spending of $202k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $167k to $212k (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Iowa Fair Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IA. Charities of a similar size with the same main cause include Kerr County Vincentian Organization ($212k), Olive Dale Senior Citizens of Fairfield County Ohio ($212k) and Nativity House KC Inc ($212k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 52% of the total. Other salaries and wages came to $25k. At year end it held assets of $495k against liabilities of $337k, net assets of $158k.