Stoughton Fair Association

Analysis

Stoughton Fair Association is a registered charity in United States, based in Stoughton, WI. It received its IRS tax-exemption ruling in February 2024, 2 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 December 2023, Stoughton Fair Association reported income of $231k and spending of $232k, spending 100% of its income. Across the 5 years on record, from July 2018 to December 2023, income fell from $301k to $231k (-23%), an average of -6.4% a year. The sharpest change came in the year to July 2022, when income rose by 775%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stoughton Fair Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include At the Table Inc ($231k), Sheared Inc ($231k) and House of Hope Ministry Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 70% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.