Friends of Wayne County Fair

Analysis

Friends of Wayne County Fair is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Friends of Wayne County Fair reported income of $128k and spending of $85k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $128k (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Wayne County Fair sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Porter-Leath Early Childhood Foundation ($128k), David Lubin Parent and Teachers Group ($128k) and Procyon Strong Foundation Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $1.0m against liabilities of $45k, net assets of $959k.