Colorado County Fair Assoc Inc

Analysis

Colorado County Fair Assoc Inc is a registered charity in United States, based in Columbus, TX. It received its IRS tax-exemption ruling in January 1982, 44 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, Colorado County Fair Assoc Inc reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $615k to $1.0m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado County Fair Assoc Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Futures Water Polo League Inc ($1.0m), Pensacola Futbol Club Inc ($1.0m) and Salle Auriol Seattle Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.