Farm Journal Agricultural Foundation

Analysis

Farm Journal Agricultural Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Farm Journal Agricultural Foundation reported income of $1.3m and spending of $2.9m, spending 227% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $1.3m (+101%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 261%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Farm Journal Agricultural Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include The Stateline Community Foundation Inc ($1.3m), Hardin County Community Foundation ($1.3m) and Tax Credit Benevolent Association ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $2.5m against liabilities of $642k, net assets of $1.9m.