Cooke County Fair Association Inc

Analysis

Cooke County Fair Association Inc is a registered charity in United States, based in Gainesville, TX. It received its IRS tax-exemption ruling in January 1993, 33 years ago. 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, Cooke County Fair Association Inc reported income of $128k and spending of $44k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $150k to $128k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cooke County Fair Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include American Society of Civil Engineers ($128k), Danville Library Assn ($128k) and James V Ryan Paramedic Foundation Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $1.4m against liabilities of $80k, net assets of $1.3m.