Pennsylvania Future Farmers of America Foundation Inc

Analysis

Pennsylvania Future Farmers of America Foundation Inc is a registered charity in United States, based in East Berlin, PA. It received its IRS tax-exemption ruling in July 1987, 39 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 May 2023, Pennsylvania Future Farmers of America Foundation Inc reported income of $380k and spending of $519k, spending 136% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $293k to $380k (+30%), an average of +6.7% a year. The sharpest change came in the year to May 2021, when income rose by 43%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennsylvania Future Farmers of America Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include St Anthony Educational Foundation Inc ($380k), Mutual Housing Association of New York Inc ($380k) and Vietnamese Buddhist Congregation Association ($380k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $72k (14% of expenses). Other salaries and wages came to $18k. At year end it held assets of $857k against liabilities of $4,929, net assets of $852k. It reported 3 employees.