Brazilian Ag

Analysis

Brazilian Ag is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brazilian Ag reported income of $265k and spending of $242k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $246k to $265k (+7.9%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Brazilian Ag sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Crossroads 4 Christ Inc ($265k), Better Life Ministries ($265k) and Transforming Leaders in Asia Ministries Inc ($265k).

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 $79k (32% of expenses). At year end it held assets of $304k against liabilities of $71k, net assets of $232k. It reported 2 employees.