Saint Marys County Fair Association Incorporated

Analysis

Saint Marys County Fair Association Incorporated is a registered charity in United States, based in Leonardtown, MD. It received its IRS tax-exemption ruling in May 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Saint Marys County Fair Association Incorporated reported income of $810k and spending of $710k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $713k to $810k (+14%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 2977%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saint Marys County Fair Association Incorporated sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Eden Prairie Soccer Club Inc ($810k), Greater Pikesville Recreation Council Inc ($810k) and Hockey Club Des Moines ($810k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.