Ransom County Fair Association

Analysis

Ransom County Fair Association is a registered charity in United States, based in Lisbon, ND. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2023, Ransom County Fair Association reported income of $273k and spending of $221k, spending 81% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $229k to $273k (+19%), an average of +20% a year. The sharpest change came in the year to October 2023, when income rose by 19%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ransom County Fair Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within ND. Charities of a similar size with the same main cause include Hba of Durham Orange & Chatham Counties Foundation Inc ($273k), Lots of Love NFP ($273k) and Farrell Boy Foundation Inc ($273k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $6,690 (3.0% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.