Fauquier County Fair Inc

Analysis

Fauquier County Fair Inc is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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 October 2023, Fauquier County Fair Inc reported income of $297k and spending of $98k, leaving 67% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $37k to $297k (+692%), an average of +68% a year. The sharpest change came in the year to October 2021, when income rose by 763%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fauquier County Fair Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Rotary Zones 30 & 31 Inc ($297k), Bikewalk North Carolina ($297k) and Assyrian Foundation of America ($297k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 35% and program service revenue 74% of the total. It paid $6,100 in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $107k, net assets of $1.4m.