Claiborne County Fair Association

Analysis

Claiborne County Fair Association is a registered charity in United States, based in Tazewell, TN. It received its IRS tax-exemption ruling in December 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, Claiborne County Fair Association reported income of $144k and spending of $93k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $144k (-4.1%), an average of -4.1% a year. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Claiborne County Fair Association sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within TN. Charities of a similar size with the same main cause include Greenville Girls Softball Association Inc ($144k), Lake Lanier Rowing Club Inc ($144k) and Gibsonburg Athletic Boosters Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 81% of the total. At year end it held assets of $592k against liabilities of $2,973, net assets of $589k.