Manatee River Fair Association Inc

Analysis

Manatee River Fair Association Inc is a registered charity in United States, based in Palmetto, FL. It received its IRS tax-exemption ruling in June 1975, 51 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 2024, Manatee River Fair Association Inc reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.9m to $1.7m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Manatee River Fair Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Active Kids Association of Sport ($1.7m), Flag Star Football Foundation ($1.7m) and The Fish Swimteam Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Other salaries and wages came to $188k. At year end it held assets of $5.6m against liabilities of $283k, net assets of $5.3m. It reported 32 employees.