Mason County Fair Inc
Analysis
Mason County Fair Inc is a registered charity in United States, based in Pt Pleasant, WV. It received its IRS tax-exemption ruling in September 2010, 16 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 December 2023, Mason County Fair Inc reported income of $1.2m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $870k to $1.2m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 93% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mason County Fair Inc 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 81st percentile, and in the 79th percentile within WV. Charities of a similar size with the same main cause include Sunday Friends Foundation ($1.2m), Overflow Thrift Store Inc ($1.2m) and Aina Hookupu O Kilauea ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $8,500 (0.7% of expenses). Other salaries and wages came to $19k. At year end it held assets of $523k against liabilities of $2,079, net assets of $521k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.8%
- Program services 98%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sunday Friends Foundation | San Jose | $1.2m |
| Overflow Thrift Store Inc | Ames | $1.2m |
| Aina Hookupu O Kilauea | Kilauea | $1.2m |
| KC Digital Drive | Kansas City | $1.2m |