Delaware County Fair Society Inc

Analysis

Delaware County Fair Society Inc is a registered charity in United States, based in Manchester, IA. It received its IRS tax-exemption ruling in September 2014, 12 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 September 2023, Delaware County Fair Society Inc reported income of $1.4m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $936k to $1.4m (+51%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 286%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Delaware County Fair Society Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Massachusetts Youth Lacrosse Inc ($1.4m), Lake Oswego Soccer Club ($1.4m) and Sacramento Parks Foundation ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $77k (5.6% of expenses). Other salaries and wages came to $123k. At year end it held assets of $2.0m against liabilities of $198k, net assets of $1.8m. It reported 54 employees.