Verde Valley Fair Association

Analysis

Verde Valley Fair Association is a registered charity in United States, based in Cottonwood, AZ. It received its IRS tax-exemption ruling in July 1981, 45 years ago. 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 June 2024, Verde Valley Fair Association reported income of $1.6m and spending of $1.3m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $577k to $1.6m (+172%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 85%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Verde Valley Fair Association sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within AZ. Charities of a similar size with the same main cause include Erin Is Hope Foundation Inc ($1.6m), Paducah McCracken County Senior Citizens Inc ($1.6m) and Volunteers of America Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 69% of the total. Other salaries and wages came to $183k. At year end it held assets of $1.6m against liabilities of -$1,129, net assets of $1.6m. It reported 32 employees.