Shelby County Agricultural and Mechanical

Analysis

Shelby County Agricultural and Mechanical is a registered charity in United States, based in Shelbyville, KY. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Shelby County Agricultural and Mechanical reported income of $649k and spending of $516k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $425k to $649k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelby County Agricultural and Mechanical sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include St Vincent de Paul Society Bend St Francis Conference ($649k), Social Innovation Laboratory Inc ($649k) and Explore & Discover - a Reggio Emilia Infant & Toddler Care Cente ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $1.4m against liabilities of $30k, net assets of $1.4m.