Putnam County Agricultural Fair Inc

Analysis

Putnam County Agricultural Fair Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, Putnam County Agricultural Fair Inc reported income of $519k and spending of $535k, spending 103% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $470k to $519k (+10%), an average of +3.4% a year. The sharpest change came in the year to September 2021, when income rose by 9213%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Putnam County Agricultural Fair Inc 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 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Road Runners Club of America ($519k), Foundation of St Catherines Center for Children ($519k) and Christian Educational Foundation of Vincennes Indiana Inc ($519k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $42k. At year end it held assets of $129k against liabilities of $1,345, net assets of $127k. It reported 37 employees.