Santa Rosa County Fair Association Inc

Analysis

Santa Rosa County Fair Association Inc is a registered charity in United States, based in Milton, FL. It received its IRS tax-exemption ruling in March 1994, 32 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 October 2023, Santa Rosa County Fair Association Inc reported income of $66k and spending of $69k, spending 104% of its income. Across the 3 years on record, from October 2019 to October 2023, income fell from $87k to $66k (-24%), an average of -13% a year. The sharpest change came in the year to October 2023, when income rose by 291%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Santa Rosa County Fair Association Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Buffalo Legacy Project Inc ($66k), Friends of Rams Youth Cheerleading ($66k) and Chatham Friends of the Parks ($66k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. At year end it held assets of $7,456 against liabilities of $0, net assets of $7,456.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.