Gillespie County Fair & Festival Assn Inc

Analysis

Gillespie County Fair & Festival Assn Inc is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in June 1949, 77 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 September 2024, Gillespie County Fair & Festival Assn Inc reported income of $700k and spending of $755k, spending 108% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $696k to $700k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to September 2021, when income rose by 304%. 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, Gillespie County Fair & Festival Assn Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include The Lake Hopatcong Foundation a New Jersey Nonprofit Corporation ($700k), Fierce United ($700k) and Mission Valley Aquatics ($700k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 22% and program service revenue 69% of the total. At year end it held assets of $1.3m against liabilities of $182k, net assets of $1.1m.