Martin County Agricultural Fair Association Inc

Analysis

Martin County Agricultural Fair Association Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in November 1998, 28 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, Martin County Agricultural Fair Association Inc reported income of $1.6m and spending of $1.6m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $1.6m (+31%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Martin County Agricultural 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 Wwc16 Administration Inc ($1.6m), Bay City Basketball ($1.6m) and Midlands Fatherhood Coalition ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.6% and program service revenue 89% of the total. Other salaries and wages came to $111k. At year end it held assets of $652k against liabilities of $11k, net assets of $641k. It reported 11 employees.