Illinois Ffa Alumni Association
Analysis
Illinois Ffa Alumni Association is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Illinois Ffa Alumni Association reported income of $174k and spending of $114k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $174k (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 76% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Ffa Alumni Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Heart That Gives Foundation ($174k), Center for Hope and Strength Inc ($174k) and Steelville Ministerial Alliance ($174k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 20% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 20%
- Other 68%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Heart That Gives Foundation | Columbia | $174k |
| Center for Hope and Strength Inc | San Diego | $174k |
| Steelville Ministerial Alliance | Steelville | $174k |
| Neighborhood Crusades Inc | Philadelphia | $174k |