Titus County Fair Association Inc

Analysis

Titus County Fair Association Inc is a registered charity in United States, based in Mt Pleasant, TX. It received its IRS tax-exemption ruling in November 1988, 38 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, Titus County Fair Association Inc reported income of $644k and spending of $714k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $454k to $644k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Titus County Fair Association Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Western Hills Municipal Golf Course Inc ($644k), Plainedge Soccer Club Ltd ($645k) and Oakland Genesis Soccer Club Corporation ($643k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $850k against liabilities of $0, net assets of $850k.