Mercer County Fairgrounds Inc

Analysis

Mercer County Fairgrounds Inc is a registered charity in United States, based in Celina, OH. It received its IRS tax-exemption ruling in January 2018, 8 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Mercer County Fairgrounds Inc reported income of $2.6m and spending of $2.2m, spending 85% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.2m to $2.6m (+106%), an average of +20% a year. The sharpest change came in the year to November 2021, when income rose by 71%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mercer County Fairgrounds Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Sabre Hockey Association ($2.6m), Southwest Missouri Community Alliance ($2.6m) and Seminole Soccer Club Inc ($2.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 43% and program service revenue 46% of the total. Other salaries and wages came to $299k. At year end it held assets of $2.5m against liabilities of $786k, net assets of $1.7m. It reported 11 employees.