Polk County Youth Fair Inc

Analysis

Polk County Youth Fair Inc is a registered charity in United States, based in Bartow, FL. It received its IRS tax-exemption ruling in February 1980, 46 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 May 2024, Polk County Youth Fair Inc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $898k to $1.7m (+90%), an average of +17% a year. The sharpest change came in the year to May 2022, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Polk County Youth Fair 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 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Fram CQ ($1.7m), Dorset Park Skating Association Inc ($1.7m) and The Woodstock Agricultural Society ($1.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 15% and program service revenue 81% of the total. At year end it held assets of $686k against liabilities of $44k, net assets of $642k.