Faribault County Fair

Analysis

Faribault County Fair is a registered charity in United States, based in Blue Earth, MN. It received its IRS tax-exemption ruling in September 2012, 14 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 (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, Faribault County Fair reported income of $207k and spending of $191k, spending 92% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $162k to $207k (+28%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Faribault County Fair sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include North Gwinnett High School Dugout Club Inc ($207k), Mt Lebanon High School Hockey Association Inc ($207k) and PG and Lec Parent Club Inc ($207k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 67% and program service revenue 32% of the total. Other salaries and wages came to $12k. At year end it held assets of $17k against liabilities of $20, net assets of $17k. It reported 21 employees.