Labette County Fair Association

Analysis

Labette County Fair Association is a registered charity in United States, based in Oswego, KS. It received its IRS tax-exemption ruling in April 2013, 13 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, Labette County Fair Association reported income of $481k and spending of $436k, spending 91% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $385k to $481k (+25%), an average of +5.7% a year. The sharpest change came in the year to October 2021, when income rose by 33%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Labette County Fair Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within KS. Charities of a similar size with the same main cause include Sioux Falls Swim Team Inc ($481k), National Cycling Center Inc ($481k) and Rampage Youth Organization ($481k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $875k against liabilities of $24k, net assets of $851k.