Howard County Fair Association Inc

Analysis

Howard County Fair Association Inc is a registered charity in United States, based in Big Spring, TX. It received its IRS tax-exemption ruling in December 1975, 51 years ago. 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 October 2023, Howard County Fair Association Inc reported income of $506k and spending of $134k, leaving 73% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $327k to $506k (+55%), an average of +12% a year. The sharpest change came in the year to October 2022, when income rose by 238%. Over the whole period it spent 24% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Howard County Fair Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Pendleton Historic Foundation ($506k), Simeanna South Inc ($506k) and Theta Tau Educational Foundation ($506k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 53% and program service revenue 17% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.