South Central Fair Association Incorporated

Analysis

South Central Fair Association Incorporated is a registered charity in United States, based in Chase City, VA. It received its IRS tax-exemption ruling in January 1952, 74 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 2023, South Central Fair Association Incorporated reported income of $346k and spending of $384k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $266k to $346k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 117% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Central Fair Association Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Harvest Hill Foundation Inc ($346k), A-List Boosters ($346k) and Childrens Athletic Development Association Inc ($346k).

Compensation of current officers, directors and key employees was $6,850 (1.8% of expenses). Other salaries and wages came to $11k. At year end it held assets of $210k against liabilities of $0, net assets of $210k.