Jim Wells County Fair Assn

Analysis

Jim Wells County Fair Assn is a registered charity in United States, based in Alice, TX. It received its IRS tax-exemption ruling in October 2012, 14 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, Jim Wells County Fair Assn reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $932k to $1.4m (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 49%. 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, Jim Wells County Fair Assn sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include The Sailing Foundation of New York Inc ($1.4m), Polynesian Football Hall of Fame ($1.4m) and Woodside Soccer Club Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Other salaries and wages came to $35k. At year end it held assets of $432k against liabilities of $0, net assets of $432k. It reported 1 employees.