Otero County Fair Association Inc

Analysis

Otero County Fair Association Inc is a registered charity in United States, based in Alamogordo, NM. It received its IRS tax-exemption ruling in December 1953, 73 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, Otero County Fair Association Inc reported income of $539k and spending of $442k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $539k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Otero County Fair Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NM. Charities of a similar size with the same main cause include Nature Camp Inc ($539k), Massachusetts Spitfires Hockey Inc ($539k) and North Austin Community Outreach ($539k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $24k (5.5% of expenses). At year end it held assets of $328k against liabilities of $220, net assets of $328k. It reported 1 employees.