South Florida Fair and Expositions Inc

Analysis

South Florida Fair and Expositions Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in June 1953, 73 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 June 2023, South Florida Fair and Expositions Inc reported income of $24.5m and spending of $19.2m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.5m to $24.5m (+58%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Florida Fair and Expositions Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Yosemite Foundation ($23.6m), United States Center for Safesport ($24.7m) and American Royal Association ($23.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $485k (2.5% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $38.3m against liabilities of $7.0m, net assets of $31.3m. It reported 510 employees.