Piedmont Interstate Fair Assn

Analysis

Piedmont Interstate Fair Assn is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in May 2000, 26 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 November 2023, Piedmont Interstate Fair Assn reported income of $497k and spending of $398k, leaving 20% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $483k to $497k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to November 2021, when income rose by 831%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Piedmont Interstate Fair Assn sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within SC. Charities of a similar size with the same main cause include Arctic Winter Games Corporation of Alaska ($497k), League of Illinois Bicyclists ($497k) and Timber Ridge Program Inc ($497k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $39k (9.7% of expenses). Other salaries and wages came to $86k. At year end it held assets of $1.6m against liabilities of $15k, net assets of $1.6m. It reported 30 employees.