Agriculture Scholarship Centre for Basis Trading Education Inc

Analysis

Agriculture Scholarship Centre for Basis Trading Education Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agriculture Scholarship Centre for Basis Trading Education Inc reported income of $158k and spending of $371k, spending 235% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $158k (+72%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 457%. Over the whole period it spent 485% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agriculture Scholarship Centre for Basis Trading Education Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Laren Montessori School ($158k), Ming Hui Academy Boston Inc ($158k) and Ricks Institute Alumni Association USA Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% of the total. Compensation of current officers, directors and key employees was $75k (20% of expenses). Other salaries and wages came to $90k. At year end it held assets of $3.3m against liabilities of $31k, net assets of $3.2m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.