North Florida Fair Association Inc

Analysis

North Florida Fair Association Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in November 1952, 74 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 2022, North Florida Fair Association Inc reported income of $1.7m and spending of $1.4m, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $1.7m (+12%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 833%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Florida 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 Rage Volleyball Club Incorporated ($1.7m), American Platform Tennis Association Inc ($1.7m) and Kentucky Youth Soccer Association Inc ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $109k (7.6% of expenses). Other salaries and wages came to $376k. At year end it held assets of $3.6m against liabilities of $25k, net assets of $3.6m. It reported 16 employees.