Wayne County Fair Association

Analysis

Wayne County Fair Association is a registered charity in United States, based in Corydon, IA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Wayne County Fair Association reported income of $202k and spending of $184k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2024, income grew from $109k to $202k (+86%), an average of +17% a year. The sharpest change came in the year to September 2020, when income rose by 57%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wayne County Fair Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IA. Charities of a similar size with the same main cause include Central Washington Agricultural Museum ($202k), Houston Together Strong & Invincible ($202k) and Society for New Music ($202k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 17% and program service revenue 74% of the total. At year end it held assets of $259k against liabilities of $20k, net assets of $239k.