North Dakota Farm Bureau Foundation

Analysis

North Dakota Farm Bureau Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, North Dakota Farm Bureau Foundation reported income of $164k and spending of $74k, leaving 55% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $80k to $164k (+107%), an average of +107% a year. The sharpest change came in the year to September 2023, when income rose by 107%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Dakota Farm Bureau Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 41st percentile within ND. Charities of a similar size with the same main cause include Coaches Team Foundation ($164k), Carmen High School Development Organization Inc ($164k) and South Shores Magnet School for the Visual and Performing Arts PTO ($164k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 74% and program service revenue 6.4% of the total. At year end it held assets of $420k against liabilities of $0, net assets of $420k.