Tanana Valley State Fair Association Inc

Analysis

Tanana Valley State Fair Association Inc is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Tanana Valley State Fair Association Inc reported income of $1.4m and spending of $1.6m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $761k to $1.4m (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tanana Valley State Fair Association 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 82nd percentile, and in the 81st percentile within AK. Charities of a similar size with the same main cause include California Zoroastrian Center ($1.4m), Religion News Foundation ($1.4m) and Sri Deep Madhavananda Ashram Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $95k (6.1% of expenses). Other salaries and wages came to $380k. At year end it held assets of $3.1m against liabilities of $585k, net assets of $2.5m. It reported 78 employees.