Richmond County Fair Association Inc

Analysis

Richmond County Fair Association Inc is a registered charity in United States, based in Warsaw, VA. It received its IRS tax-exemption ruling in March 2000, 26 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, Richmond County Fair Association Inc reported income of $86k and spending of $75k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $86k (+0.4%), an average of +0.4% a year. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Richmond County Fair Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Outrigger Youth Athletics ($86k), American Youth Football Inc ($86k) and Gleannloch Farms Summer Swim Team ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 43% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.