Putnam County Fair Authority Inc

Analysis

Putnam County Fair Authority Inc is a registered charity in United States, based in East Palatka, FL. It received its IRS tax-exemption ruling in August 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 December 2023, Putnam County Fair Authority Inc reported income of $888k and spending of $778k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $595k to $888k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 263%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Putnam County Fair Authority Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Bob Marshall Wilderness Foundation Inc ($888k), Mary a Cunningham Trust ($888k) and Crpa Foundation ($888k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $1.1m against liabilities of $293k, net assets of $835k.