Island County Fair Association Inc

Analysis

Island County Fair Association Inc is a registered charity in United States, based in Langley, WA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Island County Fair Association Inc reported income of $395k and spending of $417k, spending 105% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $301k to $395k (+31%), an average of +9.5% a year. The sharpest change came in the year to September 2022, when income rose by 64%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Island County Fair Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Foundation for Tennessee Chess ($395k), Boone County Mentoring Partnership Inc ($395k) and Genesis Inc ($395k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Other salaries and wages came to $86k. At year end it held assets of $359k against liabilities of $67k, net assets of $292k. It reported 24 employees.