Rockingham County Fair Association Inc

Analysis

Rockingham County Fair Association Inc is a registered charity in United States, based in Rockingham, VA. It received its IRS tax-exemption ruling in September 1953, 73 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, Rockingham County Fair Association Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.5m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rockingham County Fair Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include The Cooper River Bridge Run Inc ($2.5m), United States Judo Inc ($2.5m) and Young Americans Center for Financial Education ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $75k (3.1% of expenses). Other salaries and wages came to $118k. At year end it held assets of $3.1m against liabilities of $506k, net assets of $2.6m. It reported 10 employees.