Polson Fairgrounds Inc

Analysis

Polson Fairgrounds Inc is a registered charity in United States, based in Polson, MT. It received its IRS tax-exemption ruling in May 2011, 15 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, Polson Fairgrounds Inc reported income of $86k and spending of $49k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $86k (-8.1%), an average of -8.1% a year. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Polson Fairgrounds Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MT. Charities of a similar size with the same main cause include South Cache Soccer League Incorporated ($86k), Telluride Youth Lacrosse Association Inc ($86k) and The United States Pony Clubs Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 7.2% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.