Delaware State Fair Inc

Analysis

Delaware State Fair Inc is a registered charity in United States, based in Harrington, DE. It received its IRS tax-exemption ruling in September 2012, 14 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 December 2023, Delaware State Fair Inc reported income of $10.8m and spending of $9.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.1m to $10.8m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Delaware State Fair Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within DE. Charities of a similar size with the same main cause include Lancaster County Agricultural Society Inc ($10.7m), America East ($10.8m) and State Agricultural & Mechanical Society of South Carolina ($10.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $229k (2.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $40.5m against liabilities of $1.7m, net assets of $38.8m. It reported 486 employees.