Henderson County Fair Association

Analysis

Henderson County Fair Association is a registered charity in United States, based in Lexington, TN. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Henderson County Fair Association reported income of $159k and spending of $74k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $159k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Henderson County Fair Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Public Management Research Association ($159k), San Clemente Village ($159k) and Lifestyle Foundation ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2,600 (3.5% of expenses). At year end it held assets of $551k against liabilities of $0, net assets of $551k.