Washington County Fair Association

Analysis

Washington County Fair Association is a registered charity in United States, based in Washington, IA. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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, Washington County Fair Association reported income of $375k and spending of $376k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $390k to $375k (-3.6%), an average of -0.9% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington County Fair Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include Little League Baseball Inc ($375k), Friendly Door Inc ($375k) and Maine Writers and Publishers Alliance ($375k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 62% of the total. At year end it held assets of $1.5m against liabilities of $6,385, net assets of $1.5m.