Agricultural Society of Dawson County Inc

Analysis

Agricultural Society of Dawson County Inc is a registered charity in United States, based in Lexington, NE. It received its IRS tax-exemption ruling in June 2003, 23 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 October 2023, Agricultural Society of Dawson County Inc reported income of $603k and spending of $725k, spending 120% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $357k to $603k (+69%), an average of +14% a year. The sharpest change came in the year to October 2021, when income rose by 43%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agricultural Society of Dawson County Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include Addy S Hope Adoption Agency ($603k), Freedom Lodge Inc ($603k) and Southeast Alabama Works Inc ($603k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 59% and program service revenue 24% of the total. Other salaries and wages came to $125k. At year end it held assets of $1.1m against liabilities of $75k, net assets of $982k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.