Salinas Valley Fair Inc

Analysis

Salinas Valley Fair Inc is a registered charity in United States, based in King City, CA. It received its IRS tax-exemption ruling in March 1956, 70 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Salinas Valley Fair Inc reported income of $3.2m and spending of $2.3m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.2m (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 122%. 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, Salinas Valley Fair Inc 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 Morrys Camp Inc ($3.2m), Wheatland Township Athletic Association Inc ($3.2m) and Girls Leadership Institute Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 38% of the total. Other salaries and wages came to $476k. At year end it held assets of $8.2m against liabilities of $87k, net assets of $8.1m. It reported 50 employees.