Fort Bend County Fair Association

Analysis

Fort Bend County Fair Association is a registered charity in United States, based in Rosenberg, TX. It received its IRS tax-exemption ruling in April 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Bend County Fair Association reported income of $4.2m and spending of $3.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.2m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 300%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Bend County Fair Association 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 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include FC Boulder ($4.2m), Club Soccer Inc ($4.2m) and Southern Texas Professional Golfers Association Foundation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $86k (2.3% of expenses). Other salaries and wages came to $71k. At year end it held assets of $5.1m against liabilities of $244k, net assets of $4.9m. It reported 29 employees.