Williamson County Fair Association Inc

Analysis

Williamson County Fair Association Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in February 2005, 21 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, Williamson County Fair Association Inc reported income of $1.5m and spending of $1.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $979k to $1.5m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 222%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Williamson County Fair Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Charleston Regatta Inc ($1.5m), Issaquah Swim Team Association ($1.5m) and Chicago Area Runners Assoc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $256k. At year end it held assets of $2.5m against liabilities of $22k, net assets of $2.4m.