Eastern New Mexico State Fair Board Inc

Analysis

Eastern New Mexico State Fair Board Inc is a registered charity in United States, based in Roswell, NM. It received its IRS tax-exemption ruling in December 1986, 40 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, Eastern New Mexico State Fair Board Inc reported income of $1.2m and spending of $994k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $591k to $1.2m (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eastern New Mexico State Fair Board Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NM. Charities of a similar size with the same main cause include Beachside of Connecticut S C Inc ($1.2m), Highline Soccer Association ($1.2m) and North Bay Athletic Association Incorporated ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $167k. At year end it held assets of $2.7m against liabilities of $279k, net assets of $2.4m. It reported 9 employees.