Solano County Fair Association

Analysis

Solano County Fair Association is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in June 1991, 35 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, Solano County Fair Association reported income of $3.1m and spending of $3.6m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.1m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Solano County Fair Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include New Jersey Colonials Hockey Association Inc ($3.1m), Tennis Outreach Programs of Puget Sound ($3.1m) and Four Winds Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $104k (2.9% of expenses). Other salaries and wages came to $692k. At year end it held assets of $4.0m against liabilities of $3.0m, net assets of $1.0m. It reported 69 employees.