New York State Future Farmers Leadership TRNG Foundation Inc

Analysis

New York State Future Farmers Leadership TRNG Foundation Inc is a registered charity in United States, based in Croghan, NY. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, New York State Future Farmers Leadership TRNG Foundation Inc reported income of $1.5m and spending of $1.2m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $1.5m (-54%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 61% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New York State Future Farmers Leadership TRNG Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include East Tenth United Methodist Children and Youth Center Inc ($1.5m), Loveloud Foundation ($1.5m) and Restorative Youth Services ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $68k (5.8% of expenses). Other salaries and wages came to $296k. At year end it held assets of $5.9m against liabilities of $1.1m, net assets of $4.8m. It reported 48 employees.