Garrard County Fair Board Inc

Analysis

Garrard County Fair Board Inc is a registered charity in United States, based in Lancaster, KY. It received its IRS tax-exemption ruling in December 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Garrard County Fair Board Inc reported income of $103k and spending of $78k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $103k (+1.6%), an average of +1.6% a year. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Garrard County Fair Board Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Rolling in Faith ($103k), C O Sports Academy LLC ($103k) and Eau Claire County Friends of the Fair Inc ($103k).

At year end it held assets of $425k against liabilities of $99k, net assets of $326k.