Newton County Fair Association

Analysis

Newton County Fair Association is a registered charity in United States, based in Newton, TX. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Newton County Fair Association reported income of $378k and spending of $375k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $308k to $378k (+23%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Newton County Fair Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include The Elm Project Inc ($378k), Midland Young Life Building Foundation ($378k) and Tulare County Fair Heritage Foundation Inc ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.