Recreation & Sports
(N52)
990 on File
DELAWARE STATE FAIR INC
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$12.6M
Total Revenue
$10.1M
Total Expenses
$45.1M
Net Assets
529
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.9%
Fundraising Efficiency
N/A
Operating Reserve
53.59x
Liability-to-Asset
3.8%
Revenue Diversification
55.9%
Executive Compensation
$204K
Compared with Peers
FY 2025
Compared with 54 similar organizations
(United States, Recreation & Sports, $10M–$100M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.9% | 85.8% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.1% | 8.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 1.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
53.6 mo | 14.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.8% | 17.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.9% | 81.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
7.9% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.2% | 6.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
19.6% | 5.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $12.6M | $10.1M | $45.1M | 95.9% | 529 |
| 2024 | $11.6M | $10.1M | $41.1M | 95.1% | 517 |
| 2023 | $10.8M | $9.1M | $38.8M | 95.5% | 486 |
| 2022 | $10.1M | $8.1M | $35.3M | 95.9% | 485 |
| 2021 | $11.3M | $5.9M | N/A | — | 422 |
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