Wayne County Fair and Horse Show Inc

Analysis

Wayne County Fair and Horse Show Inc is a registered charity in United States, based in Monticello, KY. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Wayne County Fair and Horse Show Inc reported income of $113k and spending of $86k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $113k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayne County Fair and Horse Show Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include Charlevoix Childrens House Inc ($113k), Fellowship of Reconciliation Peace Presence ($113k) and Anchor to Windward Incorporated ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 72% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.