Boone County Fair Inc

Analysis

Boone County Fair Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in June 1992, 34 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 November 2023, Boone County Fair Inc reported income of $260k and spending of $154k, leaving 41% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $189k to $260k (+38%), an average of +8.3% a year. The sharpest change came in the year to November 2021, when income rose by 683%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Boone County Fair Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within MO. Charities of a similar size with the same main cause include Central Coast Surf Soccer Club ($260k), Salmon City Golf Association Inc ($260k) and Key West Community Sailing Center Inc ($260k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $389k against liabilities of $0, net assets of $389k.