Greater Grand Forks Fair & Exhibition Association Inc

Analysis

Greater Grand Forks Fair & Exhibition Association Inc is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in June 1990, 36 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 December 2023, Greater Grand Forks Fair & Exhibition Association Inc reported income of $281k and spending of $344k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $290k to $281k (-2.9%), an average of -1.0% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Grand Forks Fair & Exhibition Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 54th percentile within ND. Charities of a similar size with the same main cause include Kaha Kukahi ($281k), Kewanee Health & Fitness Inc ($281k) and HP Aquatics Club ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 42% of the total. Other salaries and wages came to $47k. At year end it held assets of $452k against liabilities of $27k, net assets of $425k. It reported 34 employees.