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Robeson County Agriculture & Industrial Exposition Inc

RegisteredEIN 56-6061560Lumberton, NCPoverty relief
Income$912k2023-12
Spending$857ksame year
Spent / received101%5-year average
Size in its cause74th pctPoverty relief
Exempt since1952Publicly supported organisat
Employees1latest return

Analysis

Robeson County Agriculture & Industrial Exposition Inc is a registered charity in United States, based in Lumberton, NC. It received its IRS tax-exemption ruling in July 1952, 74 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, Robeson County Agriculture & Industrial Exposition Inc reported income of $912k and spending of $857k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $593k to $912k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 23306%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Robeson County Agriculture & Industrial Exposition Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Soldiers for Faith ($911k), Otsego County Community Food Pantry ($912k) and Stairstep Foundation ($911k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Other salaries and wages came to $92k. At year end it held assets of $1.3m against liabilities of $13k, net assets of $1.2m. It reported 1 employees.

Income and spending

$0$228k$456k$684k$912k2019 Income: $593,3992019 Spending: $520,21920192020 Income: $53,0872020 Spending: $191,54420202021 Income: $2,7322021 Spending: $192,74520212022 Income: $639,4562022 Spending: $465,11920222023 Income: $911,6122023 Spending: $857,4862023
IncomeSpending

Where the income comes from

  • Contributions & grants 1.7%
  • Program services 98%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Soldiers for FaithAustin$911k
Otsego County Community Food PantryGaylord$912k
Stairstep FoundationMinneapolis$911k
Friends of Action Group on Erosion Technology and Concentration IncOakland$912k