Wharton County Youth Fair and Exposition

Analysis

Wharton County Youth Fair and Exposition is a registered charity in United States, based in Wharton, TX. It received its IRS tax-exemption ruling in June 1976, 50 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wharton County Youth Fair and Exposition reported income of $2.3m and spending of $2.9m, spending 126% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $977k to $2.3m (+138%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wharton County Youth Fair and Exposition sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Katy Aquatic Team for Youth Inc ($2.3m), Sioux City Parks & Recreation Foundation Inc ($2.3m) and Football Club Boston Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 91% of the total. Other salaries and wages came to $129k. At year end it held assets of $2.1m against liabilities of $11k, net assets of $2.1m. It reported 4 employees.