Rural Advancement Fund of the National Sharecroppers Fund Inc

Analysis

Rural Advancement Fund of the National Sharecroppers Fund Inc is a registered charity in United States, based in Orangeburg, SC. It received its IRS tax-exemption ruling in September 1966, 60 years ago. 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 August 2023, Rural Advancement Fund of the National Sharecroppers Fund Inc reported income of $150k and spending of $103k, leaving 31% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $165k to $150k (-9.1%), an average of -9.1% a year. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rural Advancement Fund of the National Sharecroppers Fund 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 47th percentile, and in the 53rd percentile within SC. Charities of a similar size with the same main cause include Utica Karen Baptist Church ($150k), Mayors Residence Society ($150k) and Southern Tier Foundation Inc ($150k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.