Agricultural Foundation for Tennessee Tech Inc

Analysis

Agricultural Foundation for Tennessee Tech Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Agricultural Foundation for Tennessee Tech Inc reported income of $82k and spending of $64k, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $92k to $82k (-11%), an average of -2.4% a year. The sharpest change came in the year to June 2020, when income rose by 166%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agricultural Foundation for Tennessee Tech Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Music Teachers National Association Inc ($82k), Miller-Tracy Childrens Foundation Inc ($82k) and California Psychology Internship Council ($82k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.