Council for Agricultural Science and Technology

Analysis

Council for Agricultural Science and Technology is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in August 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Council for Agricultural Science and Technology reported income of $676k and spending of $804k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $714k to $676k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council for Agricultural Science and Technology sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Equine-Assisted Therapies of South Florida Inc ($676k), Cummings Graduate Institute for Behavioral Health Studies Inc ($676k) and Southern Orthopaedic Association ($676k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $289k (36% of expenses). Other salaries and wages came to $247k. At year end it held assets of $1.1m against liabilities of $285k, net assets of $796k. It reported 12 employees.