State Fair of West Virginia Inc

Analysis

State Fair of West Virginia Inc is a registered charity in United States, based in Lewisburg, WV. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 October 2023, State Fair of West Virginia Inc reported income of $7.0m and spending of $5.8m, spending 84% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $3.8m to $7.0m (+84%), an average of +16% a year. The sharpest change came in the year to October 2021, when income rose by 526%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, State Fair of West Virginia Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within WV. Charities of a similar size with the same main cause include Immigration Center for Women and Children ($7.0m), St Vincent Depaul Society District Council of Dayton Ohio Inc ($7.0m) and United Community Builders Community Development Corporation ($7.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $84k (1.4% of expenses). Other salaries and wages came to $716k. At year end it held assets of $10.8m against liabilities of $3.1m, net assets of $7.7m. It reported 192 employees.