Hot Spring County Livestock Exhibition and Fair Association

Analysis

Hot Spring County Livestock Exhibition and Fair Association is a registered charity in United States, based in Malvern, AR. It received its IRS tax-exemption ruling in March 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hot Spring County Livestock Exhibition and Fair Association reported income of $115k and spending of $124k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $115k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 206%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hot Spring County Livestock Exhibition and Fair Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within AR. Charities of a similar size with the same main cause include Downtown Milford Inc ($115k), Reiki Alliance ($115k) and St Anthony East Neighborhood Association Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.3% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.