Friends of the State Fair

Analysis

Friends of the State Fair is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friends of the State Fair reported income of $176k and spending of $173k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $280k to $176k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 1009%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the State Fair sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include A Hand Up Erie Inc ($176k), Communities United for Action ($176k) and Senior Service Council Escondido ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 59% of the total. At year end it held assets of $331k against liabilities of $7,529, net assets of $324k.