Alabama Farmers Agriculture Foundation

Analysis

Alabama Farmers Agriculture Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alabama Farmers Agriculture Foundation reported income of $1.3m and spending of $1.0m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $950k to $1.3m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Alabama Farmers Agriculture Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Grand Forks Blue Line Club Inc ($1.3m), Holiday Lake 4-H Educational Center Inc ($1.3m) and National Girls Collaborative ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 14% of the total. At year end it held assets of $3.7m against liabilities of $29k, net assets of $3.7m.