Sunbelt Agricultural Exposition Inc

Analysis

Sunbelt Agricultural Exposition Inc is a registered charity in United States, based in Moultrie, GA. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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, Sunbelt Agricultural Exposition Inc reported income of $2.7m and spending of $2.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.7m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 218%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunbelt Agricultural Exposition Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Hanford Christian School Society ($2.7m), Habitat for Humanity International Inc ($2.7m) and The Los Angeles Valley College Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $126k (4.7% of expenses). Other salaries and wages came to $413k. At year end it held assets of $1.5m against liabilities of $634k, net assets of $824k. It reported 129 employees.