Charles County Fair Inc

Analysis

Charles County Fair Inc is a registered charity in United States, based in LA Plata, MD. It received its IRS tax-exemption ruling in February 1967, 59 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, Charles County Fair Inc reported income of $931k and spending of $744k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $741k to $931k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 403%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charles County Fair Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Level Ground Mixed Martial Arts Inc ($930k), Pacific Island Beach Boys ($932k) and Ka Ulukoa ($930k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 75% of the total. Other salaries and wages came to $39k. At year end it held assets of $2.2m against liabilities of $7,034, net assets of $2.2m. It reported 14 employees.