Obion County Fair Association Inc

Analysis

Obion County Fair Association Inc is a registered charity in United States, based in Union City, TN. It received its IRS tax-exemption ruling in June 2002, 24 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 October 2023, Obion County Fair Association Inc reported income of $420k and spending of $376k, spending 89% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $335k to $420k (+25%), an average of +5.8% a year. The sharpest change came in the year to October 2021, when income rose by 88%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Obion County Fair Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Friends of The@eastern Sierra Tri-County Fairgrounds ($420k), Sher-E-Punjab Sports & Cultural Society Inc ($420k) and Las Vegas Swim Club ($420k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 19% and program service revenue 28% of the total. Other salaries and wages came to $16k. At year end it held assets of $434k against liabilities of $39k, net assets of $395k.