Grimes County Fair Association Inc

Analysis

Grimes County Fair Association Inc is a registered charity in United States, based in Anderson, TX. It received its IRS tax-exemption ruling in January 1981, 45 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 August 2023, Grimes County Fair Association Inc reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $779k to $1.1m (+45%), an average of +9.7% a year. The sharpest change came in the year to August 2021, when income rose by 61%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grimes County Fair Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Ozark Juniors Volleyball Club Inc ($1.1m), North Hills Amateur Hockey Association Inc ($1.1m) and Vysa for Land Preservation ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.1% and program service revenue 90% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.