Montgomery County Fair Association Inc

Analysis

Montgomery County Fair Association Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in June 1985, 41 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 June 2023, Montgomery County Fair Association Inc reported income of $3.5m and spending of $3.2m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $331k to $3.5m (+945%), an average of +119% a year. The sharpest change came in the year to June 2022, when income rose by 278%. 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, Montgomery County Fair Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Lutherhaven Ministries Inc ($3.5m), Orange County Football Academy Inc ($3.5m) and Chicago Mission Aaa Hockey Club ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $120k (3.8% of expenses). Other salaries and wages came to $122k. At year end it held assets of $5.7m against liabilities of $404k, net assets of $5.3m. It reported 7 employees.