Lincoln County Fair Inc

Analysis

Lincoln County Fair Inc is a registered charity in United States, based in Stanford, KY. It received its IRS tax-exemption ruling in September 1989, 37 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, Lincoln County Fair Inc reported income of $194k and spending of $172k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $194k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 169%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln County Fair Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Building a Better Beverly Inc ($194k), Central Virginia Show Jumping Association Inc ($195k) and Folsom Vista Youth Football Andcheer ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. At year end it held assets of $415k against liabilities of $0, net assets of $415k.