Randolph County Equine and Agricultural Association Inc

Analysis

Randolph County Equine and Agricultural Association Inc is a registered charity in United States, based in Woodland, AL. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2020, Randolph County Equine and Agricultural Association Inc reported income of $84k and spending of $171k, spending 204% of what it took in. Across the 2 years on record, from September 2019 to September 2020, income fell from $124k to $84k (-32%), an average of -32% a year. The sharpest change came in the year to September 2020, when income dropped by 32%. Over the whole period it spent 186% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Randolph County Equine and Agricultural Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AL. Charities of a similar size with the same main cause include Rva Community Development Corporation ($84k), Christmas Unlimited ($84k) and Gloria Harris Charities Inc ($84k).

On its Form 990 for the period ending September 2020, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $1.9m against liabilities of $2.1m, net assets of -$150k.