Ritchie County Fairground Inc

Analysis

Ritchie County Fairground Inc is a registered charity in United States, based in Pennsboro, WV. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Ritchie County Fairground Inc reported income of $55k and spending of $46k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $55k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ritchie County Fairground Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within WV. Charities of a similar size with the same main cause include Gonzales County Area Go-Texan Inc ($55k), Speedway Parents & Teachers ($55k) and Westford Education Foundation Incorporated ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.