Highland County Fair

Analysis

Highland County Fair is a registered charity in United States, based in Monterey, VA. It received its IRS tax-exemption ruling in May 1994, 32 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, Highland County Fair reported income of $249k and spending of $145k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $249k (+136%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 228%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Highland County Fair sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Dimmit County Junior Livestock Show Associates Inc ($249k), Fairfield Community Center Assn Inc ($249k) and Wthja ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 67% of the total. Other salaries and wages came to $3,855. At year end it held assets of $420k against liabilities of $23, net assets of $420k. It reported 2 employees.