Gage County Agricultural Society

Analysis

Gage County Agricultural Society is a registered charity in United States, based in Beatrice, NE. It received its IRS tax-exemption ruling in November 1997, 29 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 October 2023, Gage County Agricultural Society reported income of $737k and spending of $804k, spending 109% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $677k to $737k (+8.9%), an average of +2.1% a year. The sharpest change came in the year to October 2021, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gage County Agricultural Society sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within NE. Charities of a similar size with the same main cause include Martin County Police Athletic League Inc ($737k), Upper Keys Community Pool Inc ($738k) and Missouri Park and Recreation Association ($737k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 20% and program service revenue 61% of the total. Other salaries and wages came to $97k. At year end it held assets of $678k against liabilities of $7,051, net assets of $671k. It reported 24 employees.