West Virginia Interstate Fair and Exposition Inc

Analysis

West Virginia Interstate Fair and Exposition Inc is a registered charity in United States, based in Mineral Wells, WV. It received its IRS tax-exemption ruling in October 1990, 36 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 September 2023, West Virginia Interstate Fair and Exposition Inc reported income of $135k and spending of $159k, spending 118% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $184k to $135k (-27%), an average of -7.4% a year. The sharpest change came in the year to September 2021, when income rose by 1201%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Virginia Interstate Fair and Exposition Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within WV. Charities of a similar size with the same main cause include Babbitt Golf Association ($135k), Friends of Heritage Park & Gardens Inc ($135k) and Washington County Star Trail Assoc ($135k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $623k against liabilities of $1.2m, net assets of -$568k.