Otoe County Agricultural Society

Analysis

Otoe County Agricultural Society is a registered charity in United States, based in Syracuse, NE. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Otoe County Agricultural Society reported income of $515k and spending of $526k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $515k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Otoe County Agricultural Society sits at the 86th percentile: it is larger than about 86% 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 Valley AFC Inc ($515k), Canal Dock Boathouse Inc ($516k) and Northern Steel Select Soccer Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 35% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.8m against liabilities of $148k, net assets of $1.6m. It reported 2 employees.