Dakota County Agricultural Society Inc

Analysis

Dakota County Agricultural Society Inc is a registered charity in United States, based in S Sioux City, NE. It received its IRS tax-exemption ruling in April 2000, 26 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, Dakota County Agricultural Society Inc reported income of $272k and spending of $252k, spending 93% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $204k to $272k (+33%), an average of +7.4% a year. The sharpest change came in the year to October 2022, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dakota County Agricultural Society Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NE. Charities of a similar size with the same main cause include River Valley Community Course Inc ($272k), Massillon Youth Sports Association Inc ($272k) and Kingsburg Athletic Foundation ($272k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 73% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $5,000 (2.0% of expenses). Other salaries and wages came to $12k. At year end it held assets of $854k against liabilities of $0, net assets of $854k. It reported 3 employees.