Major County Fair Board Foundation

Analysis

Major County Fair Board Foundation is a registered charity in United States, based in Ames, OK. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2023, Major County Fair Board Foundation reported income of $145k and spending of $131k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $96k to $145k (+52%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Major County Fair Board Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within OK. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul Santa Clarita Conference ($145k), New Hope Community Development Group ($145k) and Beit Meir Inc ($145k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.