Michigan Foundation for Agriculture

Analysis

Michigan Foundation for Agriculture is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Michigan Foundation for Agriculture reported income of $7.2m and spending of $7.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $7.2m (+265%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michigan Foundation for Agriculture sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Community Agency for Senior Citizens Inc ($7.2m), Spectrum Child and Family Services ($7.2m) and Young Mens Christian Association of Burbank Calif ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $584k against liabilities of $59k, net assets of $525k.