Augusta County Fair

Analysis

Augusta County Fair is a registered charity in United States, based in Verona, VA. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Augusta County Fair reported income of $294k and spending of $262k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $202k to $294k (+46%), an average of +9.8% a year. The sharpest change came in the year to September 2021, when income rose by 727%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Augusta County Fair sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Keystone Athletic Team Supporters Inc ($294k), Wood River Community Centennial Foundation ($294k) and Rutland Sportmans Club ($294k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $36k. At year end it held assets of $188k against liabilities of $6,482, net assets of $181k. It reported 4 employees.