Hart County Fair Association Inc

Analysis

Hart County Fair Association Inc is a registered charity in United States, based in Munfordville, KY. It received its IRS tax-exemption ruling in June 2006, 20 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, Hart County Fair Association Inc reported income of $90k and spending of $82k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $84k to $90k (+7.7%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 269%. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hart County Fair Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within KY. Charities of a similar size with the same main cause include Village Improvement Society Inc ($90k), Golden Isles Soccer Officials Association Inc ($90k) and Central Youth Cal Ripken League ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $237k against liabilities of $62k, net assets of $175k.