Nevada Future Farmers of America Foundation

Analysis

Nevada Future Farmers of America Foundation is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in May 1975, 51 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 June 2024, Nevada Future Farmers of America Foundation reported income of $262k and spending of $250k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $144k to $262k (+82%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 104%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada Future Farmers of America Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within NV. Charities of a similar size with the same main cause include Giacminh Pagoda ($262k), Friends of Nis Inc ($262k) and Educatio Rad School ($262k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $719k against liabilities of $0, net assets of $719k.