Stevens County Fair Association Inc

Analysis

Stevens County Fair Association Inc is a registered charity in United States, based in Hugoton, KS. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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, Stevens County Fair Association Inc reported income of $171k and spending of $161k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $171k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stevens County Fair Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within KS. Charities of a similar size with the same main cause include Friends of Mount Allison University Inc 107 Westport Avenue ($171k), Drum Corps Assoc ($171k) and Alpha Learning Center Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $9,600 (6.0% of expenses). Other salaries and wages came to $3,950. At year end it held assets of $366k against liabilities of $989, net assets of $365k.