Greater Hillsborough County Fair Association Inc

Analysis

Greater Hillsborough County Fair Association Inc is a registered charity in United States, based in Sydney, FL. It received its IRS tax-exemption ruling in October 1996, 30 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 2024, Greater Hillsborough County Fair Association Inc reported income of $3.3m and spending of $2.5m, leaving 25% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $760k to $3.3m (+337%), an average of +45% a year. The sharpest change came in the year to March 2022, when income rose by 266%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Hillsborough County Fair Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Malivai Washington Kids Foundation Inc ($3.3m), Washington Area Community Center Inc ($3.3m) and Reef Environmental Education Foundation Incorporated ($3.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 42% and program service revenue 56% of the total. Other salaries and wages came to $39k. At year end it held assets of $4.4m against liabilities of $316k, net assets of $4.0m. It reported 1 employees.