Woodford County Fair Association Inc

Analysis

Woodford County Fair Association Inc is a registered charity in United States, based in Versailles, KY. It received its IRS tax-exemption ruling in November 2005, 21 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, Woodford County Fair Association Inc reported income of $185k and spending of $144k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $185k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woodford County Fair Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Montcalm County 4 H Fair Assoc ($185k), Alliance Sports Partners LLC ($185k) and Blaine Area Little League ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.