Volusia County Fair Association Inc

Analysis

Volusia County Fair Association Inc is a registered charity in United States, based in Deland, FL. It received its IRS tax-exemption ruling in October 1995, 31 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 March 2023, Volusia County Fair Association Inc reported income of $2.6m and spending of $2.3m, spending 90% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $2.3m to $2.6m (+15%), an average of +3.5% a year. The sharpest change came in the year to March 2022, when income rose by 430%. 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, Volusia County Fair Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Greensboro Sports Foundation ($2.6m), Detroit Mountain Recreation Area Inc ($2.6m) and Northwest Volleyball Foundation ($2.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.1% and program service revenue 76% of the total. Other salaries and wages came to $163k. At year end it held assets of $2.7m against liabilities of $60k, net assets of $2.6m. It reported 6 employees.