Rowan County Agriculture & Industrial Fair Assoc Inc

Analysis

Rowan County Agriculture & Industrial Fair Assoc Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in December 2016, 10 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, Rowan County Agriculture & Industrial Fair Assoc Inc reported income of $393k and spending of $360k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $438k to $393k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 266%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rowan County Agriculture & Industrial Fair Assoc Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Oral Health Kansas Inc ($393k), Grace Solutions ($393k) and Hunger Related Events ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 88% of the total. At year end it held assets of $1.0m against liabilities of $464k, net assets of $572k.