Agritech Institute for Small Farms Inc

Analysis

Agritech Institute for Small Farms Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Agritech Institute for Small Farms Inc reported income of $119k and spending of $126k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $603k to $119k (-80%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Agritech Institute for Small Farms Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 31st percentile within VT. Charities of a similar size with the same main cause include Reboot Theatre Company ($119k), Orchestra Novo Inc ($119k) and Cleveland Hungarian Heritage Society ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (98% of expenses). At year end it held assets of $95k against liabilities of $0, net assets of $95k.