Central Washington Fair Association

Analysis

Central Washington Fair Association is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in December 1992, 34 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, Central Washington Fair Association reported income of $5.9m and spending of $5.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $5.9m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 321%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Washington Fair Association sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include City of Midland Aquatics Inc ($5.9m), Youth Sailing Foundation of Indian River County ($5.9m) and Friends of Great Smoky Mountain National Park Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $224k (4.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.9m against liabilities of $384k, net assets of $6.5m. It reported 281 employees.