Matagorda County Fair & Livestock Exposition Assn

Analysis

Matagorda County Fair & Livestock Exposition Assn is a registered charity in United States, based in Bay City, TX. It received its IRS tax-exemption ruling in July 1991, 35 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 June 2022, Matagorda County Fair & Livestock Exposition Assn reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.1m to $1.2m (+8.2%), an average of +2.7% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Matagorda County Fair & Livestock Exposition Assn 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 85th percentile within TX. Charities of a similar size with the same main cause include Wellington Volleyball Academy Inc ($1.2m), Winterkids Education Foundation ($1.2m) and Gulf South Conference ($1.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 4.1% and program service revenue 89% of the total. Other salaries and wages came to $59k. At year end it held assets of $1.1m against liabilities of $42k, net assets of $1.0m. It reported 2 employees.