Wapello County Fair Inc

Analysis

Wapello County Fair Inc is a registered charity in United States, based in Eldon, IA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 October 2023, Wapello County Fair Inc reported income of $242k and spending of $162k, leaving 33% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income fell from $377k to $242k (-36%), an average of -36% a year. The sharpest change came in the year to October 2023, when income dropped by 36%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wapello County Fair Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within IA. Charities of a similar size with the same main cause include Vision West ND Inc ($242k), Se Wi Roofing & Waterproofing Crafts Joint Apprenticeship & Trai ($242k) and Jobs with Justice Inc ($242k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. At year end it held assets of $864k against liabilities of $93k, net assets of $771k.