Lincoln County Agricultural Society

Analysis

Lincoln County Agricultural Society is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in September 2005, 21 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 June 2023, Lincoln County Agricultural Society reported income of $527k and spending of $531k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $455k to $527k (+16%), an average of +3.7% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lincoln County Agricultural Society sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NE. Charities of a similar size with the same main cause include Life of Hope ($527k), Bridge Bread Bakery ($527k) and True Ridge ($527k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $2,800 (0.5% of expenses). Other salaries and wages came to $131k. At year end it held assets of $2.1m against liabilities of $98k, net assets of $2.0m. It reported 12 employees.